Invesco, Ltd., the Atlanta-based global investment management company, announced plans to acquire Morgan Stanley’s retail asset management business in a deal valued at $1.5 billion.
The transaction, which will include the acquisition of Van Kampen Investments, will be financed with cash and stock providing Morgan Stanley with a 9.4 percent equity interest in Invesco.
Invesco was represented in the transaction by attorneys from Wachtell, Lipton, Rosen & Katz.
An Invesco spokesman said no Atlanta firms or lawyers worked on this deal.