Samsung Life in talks for $3.6bn–$4.4bn 15% stake in Principal
Reportedly, Samsung Life is pursuing about a 15% stake in Principal Financial Group in a deal valued at roughly $3.6bn to $4.4bn. If completed, Samsung Life would become Principal’s largest shareholder, ahead of Vanguard’s just-over 12%. Principal manages about $781bn in assets, and any large shareholding would require regulatory approval under related rules before closing.