Lifeco will sell its Colorado-based subsidiaries and commit capital to Sagard
The acquisition will more than double the size of Sun Life's U.S. employee benefits business by revenue
Deal making this year has already set a full-year record
Leaders at SMEs still prefer organic growth over M&A, the KPMG research finds
The acquisition is expected to close in the first half of next year
Deal activity was at record levels in the first half of 2021, a report says
Deal activity to date has already surpassed last year's total, Refinitiv reports
The firm also announced earnings results for second quarter of 2021
The sale is expected to close in the fourth quarter of this year
The deal is expected to close in the first half of 2022