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…
