The two brokerage giants admit that they “reached an impasse”.
American group now entering the Canadian market.
The total transaction value is C$4.45 billion.
The regulator views competing brokerage firm as “a credible alternative to the combined entity post-transaction” of Aon
The deal substantially enhances the insurer’s presence in the third-party administrator and third-party payor business s
Irish Life, Lifeco’s subsidiary, will add scale to its retail division through its acquisition of Ark Life.
The company says the acquisition will consolidate Canassurance Hospital Service Association’s leadership role in the tra