PGIM To Buy Remaining 25% Stake In Deerpath Capital
PGIM has agreed to acquire the remaining 25% interest in Deerpath Capital; bringing the firm’s ownership to 100%. This transaction follows PGIM’s initial acquisition of a 75% stake announced in May 2023 and is subject
PGIM is buying the rest of a company called Deerpath Capital that it didn't already own, so now it will own the whole thing. When a company buys the rest of something it partly owns, it usually means it's happy with how things are going and wants full control.
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