Deal expected to close in February
Acquisition of local insurance brokerage part of Quebec growth strategy
Lloyd George Management has US$6 billion in AUM
Acquisition makes RSA Canada’s fourth-largest general insurer
$443 million cash deal expected to close in second quarter of 2011
Strong loonie, turmoil in European provides opportunities for Canadian companies to make acquisitions abroad
Source: The Canadian PressTD Bank (TSX:TD) has signed a deal to buy Chrysler Financial from U.S. private equity firm Cerberus for $6.3 billion in a bid to grow its auto lending business across North America.The Canadian bank said it bought the former lending division of the U.S. automaker as part of an investment strategy for […]
Remaining Canadian banks could consider further bank acquisitions in the U.S.
The acquisition of Acuity also brings investors in AGF funds more choice in balanced and fixed-income products
Moody’s places bank on review, DBRS confirms ratings