March 5, 2014 / 7:45 AM / in 4 years

TA Associates sells 11 percent stake in Jupiter Fund Management

LONDON, March 5 (Reuters) - Private equity firm TA Associates has sold its 10.6 percent stake in Jupiter Fund Management for 197.2 million pounds ($328.79 million), a stockmarket filing showed on Wednesday.

TA Associates sold 48.6 millon shares in the British fund manager at a price of 406 pence per share.

Jupiter shares closed on Tuesday at 428.7 pence.

The sale was run by JP Morgan.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below