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Stock Market & Financial Investment News

News Breaks
July 24, 2014
08:32 EDTLMLegg Mason acquires Martin Currie
Legg Mason has acquired Martin Currie, an active international equity specialist based in the U.K with close to $10B in AUM. The transaction is expected to be slightly accretive to Legg Mason's earnings in the first year and is scheduled to close during Q4. Terms of the transaction were not disclosed. Also as part of this transaction, Legg Mason Australian Equities will become part of Martin Currie.
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