Franklin Resources Inc (LTS:0RT6)
$ 21.065 -0.34 (-1.59%) Market Cap: 11.02 Bil Enterprise Value: 20.55 Bil PE Ratio: 24.47 PB Ratio: 0.85 GF Score: 73/100
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Franklin Resources Inc Partnership with Great-West Lifeco Inc Transcript

May 31, 2023 / 02:00PM GMT
Release Date Price: $24 (-3.38%)
Operator

Thank you for standing by. This is the conference operator. Welcome to the Great-West Lifeco conference call. (Operator Instructions) And the conference is being recorded. (Operator Instructions) I would now like to turn the conference over to Mr. Paul Mahon, President and CEO of Great-West Lifeco. Please go ahead.

Paul Anthony Mahon
Great-West Lifeco Inc. - President, CEO & Director

Thank you, Ariel, and good morning, everyone. Earlier today, we announced that Great-West Lifeco has entered into a definitive agreement to sell Putnam Investments to Franklin Templeton, one of the world's leading asset managers. This is an important transaction that is expected to create benefits for all parties. We appreciate you joining us on short notice to discuss this news and what it means for our company.

With me on the call today is Garry MacNicholas, Executive Vice President and Chief Financial Officer of Great-West Lifeco; also joining us for the Q&A is Raman Srivastava, Chief Investment Officer, Great-West Lifeco. Garry and I will deliver brief formal

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