The business provides investment and risk management services to institutional investors and has assets under supervision of more than $18 billion. Terms of the deal were not disclosed.
(Reporting by Lauren Tara LaCapra; Editing by Grant McCool)
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5-day change | 1st Jan Change | ||
427.6 USD | +1.79% | +5.83% | +10.84% |
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NEW YORK (Reuters) - Goldman Sachs Group Inc's Asset Management plans to acquire the Pacific Global Advisors solutions business from Pacific Life Insurance Co , the company said on Thursday.
The business provides investment and risk management services to institutional investors and has assets under supervision of more than $18 billion. Terms of the deal were not disclosed.
(Reporting by Lauren Tara LaCapra; Editing by Grant McCool)
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-5.94% | 36.38B | |
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-8.70% | 21.24B | |
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+11.73% | 16.69B |