Tag Archives: JPMorgan Chase & Co. (JPM)

JPMorgan Chase & Co. (JPM) Selling 50% Of Its Private Equity Business

After a long waiting period, JPMorgan Chase & Co. (NYSE:JPM) has finally decided to sell out 50% stake in its private equity business, One Equity Partners. JPM has current equity holdings of $4.5 billion and the bargain for this sale is struck at $2 billion. The two companies purchasing One Equity’s half of the current