Federated Hermes to Buy Remaining Stake in Hermes Fund Managers
Posted on 08/19/2021
Federated Hermes signed a deal to buy the remaining 29.95% stake in Hermes Fund Managers Ltd. for £116.5 million from BT Pension Scheme. The deal is set to close on August 31, 2021. Federated Investors (Hermes at the time) originally purchased a 60% stake in Hermes Fund Managers from BT Pension Scheme in 2018. The […]
