Deal snapshot: T. Rowe Price Closes Acquisition of Oak Hill Advisors.
MANews-(C)2009-2022
Baltimore, US-based investment management organisation T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) has closed the acquisition of 100% of the equity of New York-based alternative credit manager Oak Hill Advisors, L.P. for up to USD 4.2bn, the company said.
Under the terms of the transaction, USD 3.3bn was payable at closing, with approximately 74%...
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