T. Rowe Price To Buy Stake In India's UTI Asset Management...
(RTTNews) - Asset management firm T. Rowe Price Group, Inc. (TROW: News ) said Monday that it has agreed to buy a 26% stake in India's UTI Asset Management Company Ltd. and... More »
RTTNews.com - Nov. 9, 2009
UPDATE 3-T. Rowe to buy 26 pct of India's UTI for $140 mln
'It's a major bet on India,' T. Rowe Price chief executive James A.C. Kennedy told Reuters in an interview. He cited India's rapidly growing population and a savings rate of... More »
Interactive Investor International - Nov. 9, 2009
3rd UPDATE: T. Rowe Price To Pay $138 Million For 26% Of...
(Revises throughout to include confirmation from T. Rowe Price, terms of deal.) DOW JONES NEWSWIRES T. Rowe Price Group Inc. (TROW) agreed to pay INR6.5 billion ($138... More »
Morningstar.com - Nov. 9, 2009
T. Rowe Buys Stake In Indian Fund Firm
NEW YORK -- T. Rowe Price Group said Monday that it has agreed to buy a 26% stake in India's UTI Asset Management Co. Ltd. for roughly $138 million. UTI, which has about $17... More »
FOXNews.com - Nov. 9, 2009
2ndUPDATE: T Rowe Price Buying Stake In UTI Asset Management
(Adds comments from one sponsor, mutual fund experts, valuation details) Of DOW JONES NEWSWIRES MUMBAI -(Dow Jones)- Three of UTI Asset Management Co.'s sponsors said Monday... More »
Morningstar.com - Nov. 9, 2009
UPDATE: 3 Sponsors Agree To Sell Partial Stakes In UTI AMC
... sponsors, background) By Shikhar Balwani and Gurdev Singh Virk Of DOW JONES NEWSWIRES MUMBAI -(Dow Jones)- Three sponsors of UTI Asset Management Co. said Monday they... More »
Morningstar.com - Nov. 8, 2009
T. Rowe Buys Stake In Indian Fund Firm
NEW YORK -- T. Rowe Price Group said Monday that it has agreed to buy a 26% stake in India's UTI Asset Management Co. Ltd. for roughly $138 million. UTI, which has about $17... More »
FOXNews.com - Nov. 9, 2009
UPDATE 2-T. Rowe to buy 26 pct of India's UTI for $140 mln
State Bank of India, Punjab National Bank, Bank of Baroda and Life Insurance Corp of India (LIC), who each own 25 percent of the firm, will receive 1.63 billion rupees ($35.1... More »
Interactive Investor International - Nov. 9, 2009
Punjab National Bank to divest 6.5% stake in UTIAMC
Punjab National Bank (PNB) has announced that PNB is one of the original sponsors of UTI Asset Management Company Ltd. (UTIAMC) and UTI Trustee Company Pvt. Ltd. (UTI... More »
Equity Bulls - Nov. 9, 2009
T. Rowe Price Enters Definitive Deals To Acquire Stake In...
(RTTNews) - T. Rowe Price Group (TROW: News ) announced that it has entered into definitive agreements to acquire a 26% stake in UTI Asset Management Company Limited and UTI... More »
RTTNews.com - Nov. 9, 2009