Principal Financial Group (PFG) has completed acquisition of Chile’s AFP Cuprum, following Empresas Penta and Inversiones Banpenta Limitada sold their 63% ownership in Cuprum. Initially, PFG acquired 90.4% ownership stake in Cuprum ...
Tags: PFG, acquisition, AFP Cuprum
Principal Financial has signed a definitive agreement to acquire 100% of Chile's AFP Cuprum for $1.51bn, in an effort to widen its presence in emerging markets. The deal involves sale of 63% ownership in Cuprum held by Empresas Penta and ...
Tags: Principal Financial, Chile's AFP Cuprum, publicly traded shares