Goldman Sachs Investing $1 Billion In T. Rowe Price, Eyes 3.5% Ownership

2025-09-04 09:00:34

(MENAFN- AsiaNet News)

Goldman Sachs (GS) announced on Thursday that it plans to invest as much as $1 billion in the T. Rowe Price Group (TROW), with the intention to build a stake of 3.5%, as part of a new strategic collaboration. The company said that it will do so“through a series of open-market purchases.”

The two firms said they will partner to design and distribute public- and private-market investment products tailored to wealth managers, retirement plans, and individual investors.

Get updates to this developing story <directly on Stocktwits.

Read also: Ethereum Outperforms Bitcoin, While Broader Crypto Market Slips

For updates and corrections, email newsroom[at]stocktwits[dot]com.

MENAFN04092025007385015968ID1110017319

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.