Both firms now each hold a 13.9% stake in the fund company, which had $232 billion in AUM and 40 million retail clients at the end of 2016
Quarterly dividend to rise 7%
Both firms will acquire an additional 3.9% equity interest each in the Chinese asset manager for $179 million, increasing both companies’ stakes in the firm
Operating earnings up 20%
Gregory Tretiak to replace Philip Ryan as CFO at Power Financial
Firm says public’s trust remains under pressure from financial crisis
Revenues soar on the increaed value of investments
Power Corp. of Canada plans a domestic offering of $400 million debentures, the company said Wednesday.The offering consists of $250 million principal amount of 7.57% debentures due April 22, 2019, and $150 million principal amount of 8.57% debentures due April 22, 2039. The bebentures will be offered through a group of agents to be led […]
Shareholders elect McFeetors to board
Ryan succeeds Plessis-Bélair