Voya financial and allianz global investors announce plans to enter long-term strategic partnership, including transition of selected allianzgi u.s. investment teams to voya investment management

New york--(business wire)--voya financial, inc. (nyse: voya) (“voya”), announced today that it has entered into a memorandum of understanding (“mou”) relating to allianzgi's transfer of selected investment teams and assets comprising the substantial majority of its u.s. business (“agi u.s.”) to voya im, voya's asset management business. the planned strategic partnership is being disclosed in anticipation of a definitive purchase agreement being finalized in the coming weeks, consistent with the
VOYA Ratings Summary
VOYA Quant Ranking