Sponsored Links

Manulife buys financial planning firm Wellington West

Wed Aug 29, 2012 11:58am EDT

TORONTO Aug 29 (Reuters) - Manulife Financial Corp , Canada's largest life insurer, said on Wednesday it has acquired financial planning firm Welling West Financial Services from National Bank of Canada, the nation's No. 6 bank.

The deal adds 39 financial advisers and about C$900 million in assets under administration to Manulife Securities, the Canadian dealer arm of the insurance company.

Terms of the deal were not disclosed.
Stocks
M&A
Markets
Financials
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.