Sun Life Financial is in discussion to purchase Assurant’s employee benefits division, reports Bloomberg News.
Aberdeen Asset Management has entered into an agreement to acquire New York-based Arden Asset Management for an undisclosed amount.
Shire has made an unsolicited takeover bid of US$30 billion for biosciences company Baxalta, which was recently spun off from healthcare company Baxter International.
Morneau Shepell has completed the acquisition of the U.S. health and welfare benefits administration business of Ceridian.
Teva Pharmaceutical has agreed to acquire Allergan's global generic pharmaceuticals business for US$40.5 billion.
Health insurer Anthem has reached a deal to acquire Cigna for US$48 billion.
American health insurer Anthem will announce a deal to acquire its rival Cigna as early as Friday, reports say.
Morneau Shepell has agreed to acquire the American health and welfare benefits administration business of Ceridian.
Piper Jaffray has agree to acquire BMO Capital Markets GKST, BMO’s municipal bond sales, trading and origination business for an undisclosed amount.
Royal Bank of Canada has agreed to sell its Switzerland-based private banking business to SYZ Group for an undisclosed amount.