Summary
LONDON (Reuters) - The investment arm of U.S. insurer Principal Financial Group has made its third acquisition this year seeking to expand its equities business by taking a majority stake in London- based Origin Asset Management.
Principal Global said on Thursday [July 7] it had entered in a definitive agreement to take a 74 percent stake in Origin for about $66 million, in a transaction expected to be completed in October.See the full content of this document
Extract
Principal Global Buys 74 Percent of Origin Am
Earlier this year, the...
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