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3 months ago
BRIEF-UMB Financial to sell Scout Investments to Carillon Tower Advisers
April 20, 2017 / 12:11 PM / 3 months ago

BRIEF-UMB Financial to sell Scout Investments to Carillon Tower Advisers

1 Min Read

April 20 (Reuters) - UMB Financial Corp:

* UMB Financial Corporation announces agreement to sell Scout Investments, Inc. To Carillon Tower Advisers

* UMB Financial Corp says execution of an agreement to sell 100 percent of stock of Scout Investments, Inc

* UMB Financial Corp says company plans to use proceeds from transaction to support its current growth strategies

* Transaction has been approved by boards of directors at both companies

* UMB Financial Corp - deal for $172.5 million in cash Source text for Eikon: Further company coverage:

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