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Best’s News & Research Service subscription required - May 31, 2023 02:30 PM (EDT)

Great-West Extends US Retirement Reach Through $1.8 Billion Putnam Deal

Great-West Lifeco Inc. said it will sell its Putnam Investments unit to asset manager Franklin Templeton for $1.7 billion to $1.8 billion in a deal that will unlock the value of Putnam Investments . . .

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Mergers And Acquisitions Partnerships Divestitures Retirement United States Asset Management Life Insurers


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