WSJ News Exclusive | CI Financial to Sell Stake in U.S. Wealth-Management Business to Investor Group

  • 📰 WSJ
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

Canadian investment firm CI Financial is selling a 20% stake in its U.S. wealth-management arm to a group of investors including private-equity firm Bain Capital, shelving plans for an IPO of the business

Kurt MacAlpine, chief executive officer of CI Financial, says an IPO is still very possible at some point.is selling a 20% stake in its U.S.

wealth-management arm to a group of investors including private-equity firm Bain Capital, shelving plans for an IPO of the business.and the state of Wisconsin, is making a roughly $1 billion investment that values the business at about $5.3 billion, CI Financial executives told The Wall Street Journal. Proceeds will be used to pay down CI Financial’s hefty debt load.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 98. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

مصر أحدث الأخبار, مصر عناوين