Victory Capital Holdings To Buy First Eagle Investments For About $7 Bln
(RTTNews) - Wednesday, Victory Capital Holdings, Inc. (VCTR) announced an agreement to acquire First Eagle Investments, a privately held global asset manager, from Genstar Capital and First Eagle employees for total consideration of approximately $7.0 billion.
(RTTNews) - Wednesday, Victory Capital Holdings, Inc. (VCTR) announced an agreement to acquire First Eagle Investments, a privately held global asset manager, from Genstar Capital and First Eagle employees for total consideration of approximately $7.0 billion.
BELLINGS Intelligence Score: 31
Why it matters
The $7 billion acquisition of First Eagle Investments by Victory Capital is a notable industry consolidation event affecting asset management but does not directly impact credit markets or regulatory frameworks.
Sources
Nasdaq
Victory Capital Holdings To Buy First Eagle Investments For About $7 Bln
(RTTNews) - Wednesday, Victory Capital Holdings, Inc. (VCTR) announced an agreement to acquire First Eagle Investments, a privately held global asset manager, from Genstar Capital and First Eagle employees for total consideration of approximately $7.0 billion.
Seeking Alpha
Victory Capital to acquire First Eagle Investments in $7B deal