CI Financial shares soar after deal to sell stake in U.S. wealth management business - BNN Bloomberg

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 50%

Business News News

Business Business Latest News,Business Business Headlines

Shares in CI Financial Corp. soared after it announced a deal to sell a 20 per cent stake in its U.S. wealth management business to a group of institutional investors for about $1.34 billion.

Why re-investing your tax refund is the smart optionPSAC: Will Canada's tax deadline be moved due to the strike?Paper filing is dying but free income tax software lives on: Dale Jackson'Give yourself time and space': How to manage your finances during times of griefAs thousands flock to day trading during

lockdown, experts urge caution'Ask a lot of questions' before deciding what to do with your tax refund: expertsHere's a list February inflation rates for Canadian provincesWomen more likely to bag $100,000 jobs despite fewer applicationsHousehold debt-to-income ratio edges lower as interest payments expand

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CI Financial selling stake in U.S. wealth business to pay down debt, shares soarGroup of institutional investors to pay $1.34-billion for minority investment
Source: globeandmail - 🏆 5. / 92 Read more »