
M&G Increases Dividend and Sets Ambitious New Targets Following Cost-Cutting Measures
In a significant update for shareholders and market watchers alike, M&G plc, the prominent investment management firm, has announced an increase in its dividend, alongside the establishment of new operational targets, post their recent cost-cutting initiatives. This move marks a pivotal moment for the company as it aims to bolster its financial stability and return value to its investors in an increasingly competitive market.
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M&G Investments Acquires Majority Stake in Private Credit Firm P Capital
In a significant development within the financial sector, M&G Investments has announced the acquisition of a majority stake in P Capital, a prominent private credit firm. This strategic move aims to bolster M&G’s investment capabilities within the rapidly evolving private credit market, as the firm seeks to capitalize on growing demand for flexible financing solutions.
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