| T. Rowe Price To Buy Stake In India's UTI Asset Management... |
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(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 »
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RTTNews.com - Nov. 9, 2009
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| UPDATE 3-T. Rowe to buy 26 pct of India's UTI for $140 mln |
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'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 »
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Interactive Investor International - Nov. 9, 2009
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| 3rd UPDATE: T. Rowe Price To Pay $138 Million For 26% Of... |
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(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 »
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Morningstar.com - Nov. 9, 2009
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| T. Rowe Buys Stake In Indian Fund Firm |
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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 »
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FOXNews.com - Nov. 9, 2009
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| 2ndUPDATE: T Rowe Price Buying Stake In UTI Asset Management |
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(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 »
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Morningstar.com - Nov. 9, 2009
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| UPDATE: 3 Sponsors Agree To Sell Partial Stakes In UTI AMC |
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... 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 »
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Morningstar.com - Nov. 8, 2009
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| T. Rowe Buys Stake In Indian Fund Firm |
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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 »
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FOXNews.com - Nov. 9, 2009
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| UPDATE 2-T. Rowe to buy 26 pct of India's UTI for $140 mln |
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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 »
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Interactive Investor International - Nov. 9, 2009
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| Punjab National Bank to divest 6.5% stake in UTIAMC |
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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 »
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Equity Bulls - Nov. 9, 2009
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| T. Rowe Price Enters Definitive Deals To Acquire Stake In... |
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(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 »
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RTTNews.com - Nov. 9, 2009
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