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Wells Fargo sells asset management businessBY ELIZA BAVIN | WEDNESDAY, 24 FEB 2021 12:09PM
Wells Fargo has entered into a definitive agreement to sell Wells Fargo Asset Management (WFAM) to GTCR and Reverence Capital Partners for US$2.1 billion, while also offloading four of its closed-end funds.
Read more: WFAM, GTCR, Wells Fargo Asset Management, Reverence Capital Partners, Nico Marais, Collin Roche, Barry Sommers, Legg Mason, Joseph Sullivan, Milton Berlinski
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