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RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial (NYSE: LNC) today announced an $825 million strategic growth investment from Bain Capital, a leading global investment firm. Bain Capital will ...
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Lincoln Financial Sells Part of Itself to Bain Capital for $825MLincoln Financial is selling part of the company to private equity firm Bain Capital as part of a bigger strategic partnership, writes Jeff Blumenthal for the Philadelphia Business Journal.
No financial terms were disclosed. As part of the deal, Bain Capital will acquire a 9.9 percent stake in Lincoln Financial. Ellen Cooper serves as chairman, president and CEO of Lincoln Financial.
Grand Rapids fintech Acrisure is pursuing a $2 billion investment led by Bain Capital as tariffs chill the market ahead of a ...
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