Industrial Alliance Insurance and Financial Services Inc. has completed the transaction to acquire DundeeWealth Inc.’s mutual fund advisory and insurance network of financial advisors who are registered in the province of Quebec, the two firms said Monday.Industrial Alliance and DundeeWealth first announced the deal on Nov. 3, 2008. The transaction closed on Dec. 31.IE
90% ownership transferred to Anthony and DFG employees
David Goodman to assume Anthony's responsibilities
Ned Goodman to become chairman
Normal course issuer bid to purchase up to 5% of outstanding shares
Valuation process currently underway
Total number of common shares issued will be based on closing market price on Oct. 2
John Bai also plied his trade at Midland Walwyn and Merrill Lynch Canada
Harrington Lane co-founders join Dundee
Dundee Wealth acquires Anthony’s start-up KL Nova