Deal brings seasoned international value equity capabilities to Manulife and its John Hancock division
Deal supports company’s goal to become a provider of after-sales products to car dealers
Relationship with MinesOnline will work to enhance value to mining companies
Merged company would be worth at least $6 billion
TMX chief confident that merger will meet Canada’s “net benefit” rule
Announcement follows proposed TMX merger with LSE
Regulatory approval needed for a firm to take control of more than 10% of the voting shares of TMX Group
Provincial regulator asked to hold hearings
Review to determine if deal is a “net benefit” to Canada
Deal would make the new company the world’s biggest exchange operator for mining and energy stocks