Principal to buy AXA's Hong Kong retirement savings unit for $335 mln
November 07, 2014 at 05:29 AM EST
HONG KONG, Nov 7 (Reuters) - U.S.-based Principal Financial Group Inc said on Friday it had agreed to buy French insurer AXA SA's Hong Kong retirement savings business for $335 million in what would be the city's first pension M&A deal in more than a decade.