Victory Capital To Acquire First Eagle Investments For ~$7B, Comprising ~$4.4B In Cash And $2B In Newly Issued VCTR Shares; Deal Expected To Be ~35% Accretive To 2027 Adjusted EPS
Victory Capital Holdings, Inc. (NASDAQ:VCTR) ("Victory Capital" or "the Company") today announced that it has entered into a definitive agreement to acquire 100% of First Eagle Investments ("First
Victory Capital is buying First Eagle Investments for about $7 billion to become a bigger money-management company. When companies merge like this, it can help them make more profit per share, which investors watch to see if the deal makes the company stronger.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.