Warburg Pincus Selling Primerica Stake

Warburg Pincus has agreed to sell its remaining stake in Primerica (NYSE: PRI) back to the company for about $154.7 million. Following the sale, which includes common stock and warrants, Warburg Pincus will no longer be a shareholder in the company. Georgia-based Primerica provides financial products to middle-income households in North America. Warburg Pincus purchased a 23% stake in the company for $230 million in 2010.

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