Deal snapshot: CNO Financial Acquires Minority Interest in Rialto Capital to Increase Exposure to Commercial Real Estate.
MANews-(C)2009-2022
Indiana, US-based financial services company CNO Financial Group, Inc. (NYSE: CNO) has acquired a strategic minority interest in Florida-based investment and management platform Rialto Capital to benefit from increased exposure to commercial real estate, the company said.
Terms of the transaction were not disclosed. CNO has agreed to invest in a number of Rialto-managed...
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