ahlam1399
07-02-2015, 06:25 AM
Australia?s Challenger sells 25 pct stake in Kapstream to US fund
SYDNEY, July 2 (Reuters) - Australian investment manager Challenger Ltd on Thursday said it sold its 25 percent stake in global fixed income fund manager Kapstream Capital Pty Ltd to Janus Capital Group for A$45 million ($34.36 million).
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SYDNEY, July 2 (Reuters) - Australian investment manager Challenger Ltd on Thursday said it sold its 25 percent stake in global fixed income fund manager Kapstream Capital Pty Ltd to Janus Capital Group for A$45 million ($34.36 million).
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