PenCom announces Mergers and Acquisitions in the Pension Industry
The National Pension Commission (PenCom) has announced to all stakeholders and the general public that it has approved some Mergers and Acquisitions in the pension industry.
The following are the Mergers and Acquisitions;
1. The Acquisition of Investment One Pension Managers Limited by Guaranty Trust Holding Company Limited and subsequent change of name from Investment One Pension Managers Limited to Guaranty Trust Pension Managers Limited.
2. The Acquisition of AIICO Pension Managers Limited by FCMB Pensions Limited; and
3. The Merger between Tangerine Pensions Limited and APT Pension Funds Managers Limited and subsequent change of name of the merged entity to Tangerine APT Pensions Limited.
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