Federated Investors to Acquire Parts of PNC Financial Services Group
Posted on 05/11/2019
Federated Investors, Inc. is based in Pittsburgh. The PNC Financial Services Group, Inc. signed a deal to sell parts of its unit, PNC Capital Advisors LLC’s (PCA) investment-management business, to Federated Investors. This deal occurred on May 7, 2019. The transaction is expected to close in the fourth quarter of 2019. Federated will pay PNC […]
