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Principal Financial May Acquire Wells Fargo Retirement Business
Reuters 
Mar. 19, 2019 "Principal Financial Group Inc is [reported to be] in advanced talks to acquire Wells Fargo & Co's retirement plan services business, in a deal that could exceed $1 billion ... The bank's retirement plan services unit, which includes Wells' 401(k) savings accounts business, would expand a similar business of Principal Financial. If the negotiations are concluded successfully, a deal could be announced later this month[.]" MORE >> |
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