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Rating:Lincoln is 'On Track' to Finish Delaware Sale Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, October 29, 2009

Lincoln is 'On Track' to Finish Delaware Sale

Reported by Neil Anderson, Managing Editor

Delaware Investments should be in the hands of its new owners in less than three months. On Wednesday, Lincoln Financial Group confirmed it is "on track to complete the Delaware Investments transaction at or around year-end." On August 19 the insurer revealed that it planned to sell Delaware, its asset management and mutual fund firm, to the Australian bank Macquarie Group for $428 million by year-end. 

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