Announced
Synopsis
Brookfield Wealth Solutions, a company specialising in wealth solutions and retirement services, agreed to acquire Just Group, a specialist UK financial services group, for £2.4 bn ($3.2bn). "The proposed combination with BWS reflects the strength of the Just platform and the long-term value of the strategy we have delivered. BWS and the wider Brookfield group's scale, investment expertise and alignment with our purpose will enable Just to broaden its reach and enhance its offering, which will accelerate the fulfilment of our purpose to help more people achieve a better later life. I am really proud of what the Just team has accomplished and grateful for the valuable support our shareholders have shown us over the past years. We look forward to building on our successful growth strategy and strong culture as we enter this exciting next phase for Just," David Richardson, Just Group CEO.
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