T. Rowe Price Group Inc (BSP:T1RO34)
R$ 353.5 0 (0%) Market Cap: 157.07 Bil Enterprise Value: 145.61 Bil PE Ratio: 13.55 PB Ratio: 2.68 GF Score: 92/100

T Rowe Price Group Inc to Acquire Oak Hill Advisors LP- M&ACall Transcript

Oct 28, 2021 / 01:00PM GMT
Release Date Price: R$545.4
Linsley Carruth
T. Rowe Price Group, Inc. - IR Officer

Good morning, everyone, and thank you for joining us. My name is Linsley Carruth with T. Rowe Price Investor Relations. Thank you for joining us to discuss T. Rowe Price's definitive agreement to acquire OHA.

Joining me today from T. Rowe Price are Bill Stromberg, Chief Executive Officer; our Chief Financial Officer, Jen Dardis; and Rob Sharps, our President, Head of Investments and Group CIO. Rob is also our incoming CEO, effective January 1. We're pleased to welcome Glenn August, OHA's Chief Executive Officer and are also joined by Bill Bohnsack, OHA's President, who will be happy to answer questions after the presentation.

This morning, we disseminated 2 press releases, 1 announcing the acquisition agreement and 1 detailing our Q3 earnings, both of which are available on our IR website. A slide deck with details on the transaction is available to download from this webcast portal and is also on our IR website.

On today's call, we'll begin with some opening comments from Bill, after which Rob, Glenn and Jen will speak

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