Franklin Templeton Completes Acquisition of Putnam Investments
BENFranklin Resources(BEN) Businesswire·2024-01-02 21:30

SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Resources, Inc. [NYSE:BEN], a global investment management organization operating as Franklin Templeton, today announced the successful completion on January 1, 2024 of its acquisition of Putnam Investments (“Putnam”) from Great-West Lifeco, Inc. (“Great- West”). Per the terms of the transaction, Great-West becomes a long-term shareholder in Franklin Resources, Inc., consistent with Great-West’s continuing commitment to asset management. “ With complementary capa ...