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Franklin's Arm Set to Expand Alternative Platform With Stoneshield Deal
Source: Nasdaq
M&A & RestructuringPrivate Markets & VentureCompany Fundamentals
Franklin Templeton's (BEN) alternatives arm is acquiring a majority stake in Stoneshield to expand its European alternatives platform. The transaction will lift Franklin's alternatives assets under management above $300 billion, strengthening its scale in private-market investing.
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