Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Once on Hold, an AMG Deal is Now a Go Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, July 29, 2009

Once on Hold, an AMG Deal is Now a Go

Reported by Armie Margaret Lee

Affiliated Managers Group is moving forward with its deal to buy a 60 percent stake in Somerville, New Jersey-based Harding Loevner, whose product line includes a family of mutual funds.

AMG first announced the deal in July of last year. In January, however, market conditions forced the parties to restructure and postpone the transaction. The amended agreement announced on January 5 contained the option for the deal to be completed during the second half of the year.

Wednesday morning, AMG and Harding executives said they have agreed to complete the transaction. The deal is expected to close in the third quarter. The remaining 40 percent of Harding Loevner will be owned by a group of senior professionals.

Terms of the deal were not made public. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use