TA Associates sells stake in Jupiter Fund Management – Reuters

Reuters – Private equity firm TA Associates has sold its 10.6 percent stake in Jupiter Fund Management for 197.2 million pounds ($328.79 million), a stockmarket filing showed on Wednesday.

TA Associates sold 48.6 millon shares in the British fund manager at a price of 406 pence per share.

Jupiter shares closed on Tuesday at 428.7 pence.

The sale was run by JP Morgan.

Leave a Reply

PEHUB Community

Join the 12505 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget

Reuters VC and PE feed

RSS Feed Widget