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Announced

Canada Life to acquire Value Partners.

Synopsis

Canada Life, an insurance and financial services company, agreed to acquire Value Partners, a Winnipeg-based investment firm. Financial terms were not disclosed. "We started Value Partners to improve the lives of families across Canada by partnering with the best advisors and investing in the best businesses. Today, our clients have $1.45bn more than they initially invested. Together with Canada Life's world class insurance and investment products and exceptional advisors, we're going to help far more Canadians build their wealth," Gregg Filmon, Value Partners President.

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