Merged firm’s assets under management will exceed $26 billion
Transactions, deal values up sharply from a year ago
Offer takes into consideration $7 million break fee Clarington obligated to pay Industrial Alliance
Half of the companies in the Fortune 500 expect to be active in domestic mergers and acquisitions next year, a third are planning bond issues, while only 10% expect to issue stock, according to new research from Greenwich Associates.“The bullish signs regarding M&A demand extend well beyond the Fortune 500,” says Greenwich Associates’ consultant Jay […]
Ups offer to $14.75 a share
Low U.S. interest rates pushing investors into private equity and hedge funds
Deal demonstrates firm’s continuing commitment energy sector
Clarington deal would add significant scale to wealth management operations
Future of proposed fee reductions in doubt
IA beats out CI with $273 million bid