PENSION DEAL: PME Sells Stake in MN to PMT

Posted on 05/18/2022

Stichting Pensioenfonds van de Metalektro (PME) sold its 16.5% ownership stake in pension provider MN to Stichting Pensioenfonds Metaal en Techniek (PMT). PMT now has 95% ownership of MN. PME’s stake was valued at €7 million, but the two pension funds agreed to a symbolic acquisition fee of €1. PME did the sale because they…

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