January 11, 2018 / 9:20 AM / a year ago

BRIEF-CIMB, Principal Financial to realign ownership stakes in joint ventures

Jan 11 (Reuters) - Malaysia’s CIMB Group:

* Says Principal Financial Group to increase stake in two asset management joint ventures to 60 percent

* Says deal will see CIMB recording gain of about 950 million rgt Further company coverage: (Reporting By Kuala Lumpur newsroom)

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