Acquiring Company
Invesco Ltd
Acquired Company
Franklin Global trust
Description
Invesco Global Equity Income trust has successfully approved its merger with the Franklin Global trust. The combined entity will retain 96.3% of Franklin Global's assets and will manage a total of £445m in net assets. This strategic move is seen as a significant enhancement for Invesco, bolstering its competitive position.
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Frequently asked
Who acquired Franklin Global trust?
Franklin Global trust was acquired by Invesco Ltd, based in Atlanta. The deal was reported on February 19, 2026. Invesco Global Equity Income trust focuses on providing investors with exposure to global equity markets while generating income. It is recognized for strong performance in the IT Global Equity Income sector. Invesco Ltd is privately held and operates in Other.
When did Invesco Ltd acquire Franklin Global trust?
Invesco Ltd's acquisition of Franklin Global trust was reported on February 19, 2026. Invesco Global Equity Income trust has successfully approved its merger with the Franklin Global trust. The combined entity will retain 96.3% of Franklin Global's assets and will manage a total of £445m in net assets. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Franklin Global trust do?
Franklin Global trust has faced challenges in the IT Global sector, underperforming compared to peers. It has experienced declines over multiple periods and is described as underperforming. It is privately held.
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