Franklin Templeton’s Clarion Partners To Acquire Majority Stake In Stoneshield Capital, Tripling European AUM To $13B And Boosting Alternatives Platform Beyond $300B
Franklin Templeton, Inc. ("Franklin Templeton") (NYSE:BEN), through its leading real estate subsidiary Clarion Partners, LLC, ("Clarion"), is pleased to announce that it has entered into a definitive
Franklin Templeton is buying a bigger piece of an investment company in Europe, which means it's growing its real estate business and managing more money for customers. When a big company buys another company's business, it usually shows they think it's a good deal and believe they can help it grow.
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