Franklin Templeton Expands Global Alternatives Platform
Franklin Resources Inc, a global investment management company operating as Franklin Templeton, has entered into an agreement to acquire Apera Asset Management, a pan-European private credit firm. This acquisition is expected to broaden Franklin Templeton’s capabilities in European private credit.
Key Details of the Acquisition
- Apera Asset Management is a pan-European private credit firm
- The acquisition is expected to expand Franklin Templeton’s global alternatives platform
- The terms of the acquisition have not been disclosed
ASX Listing
BENDIGO AND ADELAIDE BANK LIMITED has announced that its securities will be listed on the Australian Securities Exchange (ASX). Franklin Resources Inc’s shares will also be quoted on the ASX.
Partnership and Program Launch
Franklin Templeton has partnered with the University of KwaZulu-Natal and Valio to launch an AI mental health program in South Africa.
Stock Price Movement
The close price of Franklin Resources Inc’s shares on June 4th was reported at $21.75, although the exact price developments are not specified.