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PNC Financial's Arm Enters Deal to Acquire Aqueduct Capital Group
PNCPNC(PNC) ZACKS·2025-05-21 22:31

The PNC Financial Services Group, Inc.’s (PNC) subsidiary, PNC Bank, entered a definitive agreement to acquire Aqueduct Capital Group. The acquisition is expected to close in mid-summer, subject to customary closing conditions. The terms of the deal were kept under wraps.Notably, Aqueduct Capital Group is a placement agent committed to raising capital for private equity, private credit and real asset managers, and has been advising clients on a variety of fundraising solutions.Details of PNC’s Acquisition D ...