Investor Presentaiton
The Power group has announced a number of value-enhancing
transactions in 2023
Date
Transaction
Apr23
IGM acquires interest in Rockefeller Capital Management
Size
US$622 million
Apr 23
Canada Life agrees to acquire Investment Planning Counsel from IGM 1
7
$575 million
Apr 23
Power sells its interest in Bellus Health
US$73 million
US$1.7-1.8 billion
consideration and
retained value
May'23
Great-West agrees to sell Putnam to Franklin Templeton 1
7
potential transaction
Jun'23
Canada Life acquires Value Partners
2
Not disclosed
Jul'23
ADQ, BMO acquire minority interests and Great-West increases minority
interest in Sagard's management company 2
Not disclosed
1 Transactions expected to close by the end of 2023, contingent on regulatory and other customary conditions.
2 Transactions closed in September of 2023.
POWER CORPORATION OF CANADA QUARTERLY RESULTS PRESENTATION | Q3 2023
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