Independent committee retains Blair Franklin
Will offer $13 per share
This year could be the best since 2001
US$1.9 billion deal extends bank’s reach in U.S. northeast
Increased financial leverage a concern
Sun Life Financial Inc. has announced a $560 million deal for the Hong Kong-based insurance and pension operations of the Commonwealth Bank of Australia.As a result of the acquisition of CMG Asia and CommServe Financial, Sun Life Financial Hong Kong will become the seventh-largest life insurance company in Hong Kong measured by premiums from new […]
Restructures U.S. equity team
Rule considered necessary in light of BNY Capital judgment, OSC says
Merger will create Scotia Waterous
Canadian mergers and acquisitions activity is holding up in the first half of 2005, although its expected to lag the projected 14% increase in worldwide M&A, reports KPMG Corporate Finance.For the first half of the year, the value of completed Canadian transactions showed a modest decline. To June 6, M&A transactions were valued at US$39.2 […]