Market Chatter: Voya Financial Draws Takeover Interest

MT Newswires Live
Jul 16

Voya Financial (VOYA) has attracted informal takeover interest in recent weeks, though no talks are underway and the company's management and board are not seeking a transaction, Semafor reported Thursday, citing people familiar with the matter.

Principal Financial (PFG) expressed interest in Voya earlier this year, but nothing came of the approach. The company could revisit a potential deal, according to the report.

The report said Voya has periodically attracted takeover interest since its 2013 spinoff from ING.

Voya Financial and Principal Financial didn't immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 99.79, Change: +1.30, Percent Change: +1.32

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10