Principal Financial Group Advises Investors to Reject Potemkin Mini-Tender Offer

MT Newswires Live

2025/07/18

Principal Financial Group (PFG) advised investors to reject a mini-tender offer by Potemkin to buy up to 100,000 shares of the insurance and investment company's stock at a 35% discount.

The offer price of $51.70 a share is "significantly below" the June 30 closing price of $79.43, the last trading day before the offer date, Principal Financial Group said Thursday in a statement.

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