Mergers & Acquisitions

SBLR joins forces with Richter

SBLR is merging with Richter, a Montreal-based accounting and financial services firm, effective January 1, 2013. This merger enhances SBLR’s Toronto team with over 200 strategic advisors and experienced professionals in the Montreal office, 46 of whom are partners, says SBLR in a media release. The company’s Toronto office will now have the internal resources […]

By Staff |December 11, 2012

1 min read

Petronas acquires shares of Progress Energy

S&P Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices: The shareholders of Progress Energy Resources Corp. (TSX:PRQ) have voted to accept the terms of an agreement with PETRONAS Canada, whereby the shares of Progress Energy will be acquired for cash consideration of $22.00 per share. Read: Petronas deal blocked by […]

By Staff |December 11, 2012

1 min read

Fiera Capital reaches deal with UBS

Fiera Capital Corporation has reached an agreement to purchase UBS Global Asset Management’s Canadian fixed income, Canadian equity and domestic balanced account business. Read: UBS may reach a LIBOR settlement deal This represents assets under management of approximately $8 billion for a cash consideration of $52 million, subject to certain adjustments. Upon closing of the […]

By Staff |December 11, 2012

1 min read

UPDATED: IDC WIN acquires Strategic Brokerage Services

IDC Worldsource Insurance Network has acquired the MGA business of Calgary-based Strategic Brokerage Services. The transaction also includes the business of SBS West, an associated firm located in Langley, British Columbia.

December 3, 2012

3 min read