Envestnet (ENV), a U.S. vendor of software that helps manage investments, is exploring options that could include a potential sale after receiving takeover interest, Reuters’ Milana Vinn reports, citing people familiar with matter. Envestnet is working with investment bank Morgan Stanley (MS) to engage with potential acquirers, the sources said.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ENV:
- Envestnet price target raised to $67 from $62 at DA Davidson
- Envestnet price target raised to $60 from $52 at Raymond James
- Envestnet Inc CEO William Crager to Step Down After 2024 Meeting
- New Supply Chain Risk for Envestnet – What’s the Latest?
- Envestnet price target lowered to $62 from $70 at DA Davidson
