Morgan Stanley to acquire Eaton Vance in $1.2trn tie-up
$7bn deal
Morgan Stanley's acquisition is expected to close in Q2 2021
Morgan Stanley has entered into a definitive agreement to acquire Eaton Vance for an equity value of approximately $7bn.
Morgan Stanley Investment Management (MSIM) will become a "leading asset manager" with roughly $1.2trn assets under management and over $5bn of combined revenues, the firm said. This merger will see...
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