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BRIEF-Principal Acquires A Minority Ownership Stake In China Construction Bank Pension Management Co

Reuters · 01/06/2023 05:02
BRIEF-Principal Acquires A Minority Ownership Stake In China Construction Bank Pension Management Co

- Principal Financial Group Inc PFG.O:

  • PRINCIPAL® ANNOUNCES PENSION JOINT VENTURE IN CHINA

  • ACQUIRES A MINORITY OWNERSHIP STAKE (17.647%) IN CHINA CONSTRUCTION BANK (CCB) PENSION MANAGEMENT CO.

  • TRANSACTION WITH CCBP IS IMMEDIATELY ACCRETIVE TO EARNINGS

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Further company coverage: PFG.O


((Reuters.Briefs@thomsonreuters.com;;))