The Great-West Life Assurance Company has acquired PlanDirect Insurance Services Inc., which provides health and dental insurance for retired Canadians, for an undisclosed amount.
Great-West Financial has completed its acquisition of the J.P. Morgan Retirement Plan Services large-market recordkeeping business.
Fiera Capital Corp. has acquired Toronto-based investment firm Propel Capital Corp. for a total consideration of up to $12 million.
Gluskin Sheff + Associates Inc. has completed its acquisition of Blair Franklin Asset Management Holdings.
Legg Mason has agreed to acquire Martin Currie, an active international equity specialist based in the United Kingdom.
U.S.-based AbbVie has reached a deal to acquire its European rival, Shire Pharmaceuticals, for about £32 billion ($58.6 billion).
Morneau Shepell has purchased Blue Balloon Health Services, a privately held group of professionals providing pediatric health-centred care in the Greater Toronto Area.
People Corporation—through its wholly owned subsidiary, Bencom Financial Services Group—has purchased the group benefits business of Fairles Benefit Services based in Waterloo, Ont.
Northwestern Mutual has reached an agreement to sell Russell Investments to the London Stock Exchange Group for US$2.7 billion ($2.9 billion).
Mercer has entered into a definitive agreement to acquire a 34% stake in South Africa-based Alexander Forbes Group Holdings Ltd. for an undisclosed amount.