Bank to acquire J.P. Morgan’s third party investment advisor servicing business
Acquisition deepens financial planning capabilities and broadens network
Deal will boost Global’s advisor count to over 250
Public company acquisitions with 25% or more dilution of issued and outstanding securities will require security holder approval
Purchase significantly expands Manulife’s wealth management business
Deal puts supplier of insurance products and services to Canadian credit unions under Canadian ownership
Will sell stake in John Hanock Tianan unit to focus on Manulife-Sinochem
Investment recognizes firm’s streamlined regulatory model and electronic trading platform, Ferstman says
Number of deals jumps, but value of deals plunges, Crosbie & Co. reports
Sale to group of brokerage firms could be completed by end of 2009