Announced
Financials
Tags
Domestic
Single Bidder
financial services
Financial Data and Systems
Private
Pending
Friendly
United States
Acquisition
Minority
Private Equity
Synopsis
Empower Retirement, a retirement plan recordkeeper, agreed to acquire the retirement business of Prudential Financial, a financial services provider, for $3.55bn. “Empower and Prudential share a commitment to serving the financial needs of working Americans, their advisors and employers. This transaction will create an even stronger service organization at Empower, fueled by technology and the expertise of our deep talent pool,” Ed Murphy, Empower President and CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.