Sun Life Investment Management announced today that it will acquire Prime Advisors, Inc., an investment management firm specializing in customized fixed income portfolios, mainly for U.S. insurance companies.
Desjardins Financial Corporation Inc. has completed the purchase of 40% of Qtrade Financial Group's outstanding shares on a fully diluted basis.
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Desjardins Financial Corp. is investing in Qtrade, an online brokerage firm and wealth manager.
The Ontario Teachers’ Pension Plan (Teachers’) is acquiring U.S.-based Plano Molding Company, Inc., a supplier of outdoor sports storage systems.
Morneau Shepell Inc. has aquired Mercer Canada's pension and benefits outsourcing business.
The Canada Pension Plan Investment Board (CPPIB) has agreed to pay $1.1 billion for the air distribution division of Tomkins, a diversified U.K.-based industrial company.
PBI Actuarial Consultants Ltd. (PBI) and Actuaires-Conseils Bergeron & Associés inc. (ACBA) recently reached an agreement for PBI to acquire ACBA.
Manulife Financial today announced an agreement to acquire independent financial planning firm Wellington West Financial Services Inc., from National Bank Financial Group. The deal will add 39 financial advisors and approximately $900 million in assets under administration to Manulife Securities.
Global asset manager BlackRock Inc. has agreed to repurchase Bank of America Corporation’s remaining ownership interest in BlackRock, in a deal worth about $2.5 billion or $187.65 per share. The shares will be retired following the close of the transaction, which will be immediately accretive to earnings per share. In connection with the transaction, Bank […]