DBRS Morningstar Comments on the Sale of Power Corporation of Canada’s 13.9% Equity Interest in China Asset Management Co., Ltd. to IGM Financial Inc.
Please refer to PDF document for more detail about our research: DBRS Morningstar Comments on the Sale of Power Corporation of Canada’s 13.9% Equity Interest in China Asset Management Co., Ltd. to IGM Financial Inc.
Power is a holding company with interests in companies that are active in the financial services, communications and other business sectors. Co. operates in four segments: Great-West Lifeco Inc., which offers a range of life insurance, retirement and investment products, as well as reinsurance and specialty general insurance products; IGM Financial Inc., which offers financial planning services and investment products to its client base; Parjointco N.V., which holds interests in companies based in Europe active in various sectors, including specialty minerals, water, waste services, energy, and wines and spirits; and Other, which is made up of corporate activities of Co.
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