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BRIEF-Invesco enters into definitive agreement to acquire source, provider of exchange-traded funds based in Europe
April 27, 2017 / 11:23 AM / 5 months ago

BRIEF-Invesco enters into definitive agreement to acquire source, provider of exchange-traded funds based in Europe

April 27 (Reuters) - Invesco Ltd:

* Invesco Ltd - entered into a definitive agreement to acquire source, provider of exchange-traded funds (etfs) based in Europe

* Invesco Ltd - transaction will be funded with available cash and is expected to close in q3 of 2017, pending regulatory approvals

* Invesco Ltd - source is majority owned by an affiliate of Warburg Pincus and remainder owned by five major banks

* Invesco Ltd - transaction includes approximately $18 billion in source-managed AUM, plus approximately $7 billion in externally managed AUM Source text for Eikon: Further company coverage:

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