JPMorgan Chase & Co (JPM) Key Developments |
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Provider : Thomson Reuters Stock Report
Provider : New Constructs, LLC
Provider : MacroRisk Analytics/EconomicInvestor
Provider : Wright Reports

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JP Morgan Chase Group Led by Lexington Partners to acquire portion of JPMorgan Chase's interests in one equity partners

Tuesday, 12 Aug 2014 02:00am EDT 

Lexington Partners and AlpInvest Partners:Enters into definitive agreement to acquire JPMorgan Chase's interests in about 50 pct of portfolio companies held by One Equity Partners (OEP), JPMorgan Chase's principal private equity unit.Says terms of the transaction, which is expected to close by year-end, were not disclosed.Transaction is not expected to have a material impact on JPMorgan Chase's earnings. 

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