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

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

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CI Financial selling stake in U.S. wealth business to pay down debt, shares soarCI 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
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