Samsung Life In Talks to Buy 15% Stake in Principal Financial Group
Samsung Life Insurance is in private negotiations to acquire a 15% stake in Principal Financial Group, valued by industry sources at $3.6B to $4.4B, which would make it PFG’s largest single shareholder. Talks are early and no decision has been made. PFG reported $808B in assets as of June 30, 2026, and the stake could boost Samsung earnings under equity-method accounting.