Athora to acquire Pension Insurance Corporation Group for £5.7 billion
LONDON: Athora Holding Ltd., a pan-European savings and retirement services provider, announced Thursday it will acquire Pension Insurance Corporation Group Ltd. (PICG), the parent company of Pension Insurance Corporation plc (PIC), for approximately £5.7 billion. According to a statement, the transaction marks a significant shift for PIC, which will, for the first time in its…