Baltimore money manager T. Rowe Price Group said Wednesday that it finished acquiring a 26 percent stake in India's oldest mutual-fund company, an effort to expand in a large and growing market. T. Rowe spent $142.4 million buying into UTI Asset Management Co. Ltd. Because of a change in exchange rates, that was about $4 million more than what T. Rowe estimated in November that it would pay.
- Jamie Smith Hopkins