Goldman’s Fels Cites TIAA, MassMutual Deals as New M&A Phase

  • Organic growth is getting harder, banker says at conference
  • Everyone has had to look differently at M&A, he says

Patrick Fels, a dealmaker at Goldman Sachs Group Inc., said insurers that don’t have publicly traded stock are becoming increasingly active in mergers and acquisitions.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.