Aquisition – Benefits Canada.com

Sun Life to acquire Prime Advisors

mschmit — Tue, 30 Jun 2015 06:58:43 +0000

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.

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Desjardins buys Qtrade shares

mschmit — Thu, 04 Apr 2013 05:43:43 +0000

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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Retention bonuses aid in M&A activity

mschmit — Thu, 07 Feb 2013 03:00:46 +0000

Is your business engaged in merger and acquisition activity? Results from a Mercer survey suggest that paying attention to your employee talent can directly impact the overall success of a deal.

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Desjardins invests in Qtrade

mschmit — Tue, 05 Feb 2013 05:32:31 +0000

Desjardins Financial Corp. is investing in Qtrade, an online brokerage firm and wealth manager.

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Teachers’ becomes an outdoor enthusiast

mschmit — Wed, 28 Nov 2012 06:54:50 +0000

The Ontario Teachers’ Pension Plan (Teachers’) is acquiring U.S.-based Plano Molding Company, Inc., a supplier of outdoor sports storage systems.

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Morneau acquires Mercer’s pension and benefits outsourcing business

mschmit — Thu, 01 Nov 2012 06:35:13 +0000

Morneau Shepell Inc. has aquired Mercer Canada's pension and benefits outsourcing business.

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CPPIB invests in U.K. industrial company

mschmit — Fri, 21 Sep 2012 05:54:27 +0000

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.

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PBI acquires ACBA

mschmit — Mon, 10 Sep 2012 07:30:04 +0000

PBI Actuarial Consultants Ltd. (PBI) and Actuaires-Conseils Bergeron & Associés inc. (ACBA) recently reached an agreement for PBI to acquire ACBA.

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Manulife acquires Wellington West Financial

mschmit — Wed, 29 Aug 2012 07:27:00 +0000

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.

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BlackRock buys out Bank of America stake

mschmit — Thu, 19 May 2011 08:34:08 +0000

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 […]

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