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Sun Life Financial Inc (SLF)

SLF on New York Consolidated

32.18USD
29 Sep 2016
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Latest Key Developments (Source: Significant Developments)

Sun Life Financial announces offering of subordinated unsecured debentures
Tuesday, 13 Sep 2016 06:40pm EDT 

Sun Life Financial Inc : Sun life financial announces offering of subordinated unsecured debentures . To issue in Canada up to $1 billion principal amount of series 2016-2 subordinated unsecured 3.05% fixed/floating debentures due 2028 .Net proceeds may include investments in subsidiaries and repayment of indebtedness.  Full Article

Sun Life CEO says continuing to look for acquisitions
Thursday, 8 Sep 2016 10:07am EDT 

: Sun life ceo says continuing to look for acquisitions, has bandwith to do more . Sun life ceo says not planning for interest rates to make a big jump up in the next 5 years . Sun Life Ceo Says Bar Continues To Be High On Acquisitions, Hurdle Rates Fit 12-14 percent roe target Further company coverage: [SLF.TO ] (Reporting by Matt Scuffham) ((matthew.scuffham@thomsonreuters.com;)).  Full Article

Sun Life Financial qtrly operating EPS $0.77
Wednesday, 10 Aug 2016 05:10pm EDT 

Sun Life Financial Inc : Sun life financial reports second quarter 2016 results . Qtrly reported eps $0.78 . Qtrly operating eps $0.77 . Qtrly underlying eps $0.90 . Aum were $864.6 billion as at june 30, 2016, compared to aum of $891.3 billion as at december 31, 2015 . Operating roe and underlying roe in q2 of 2016 were 10.1% and 11.9%, respectively, versus. 16.5% and 13.9%, respectively, in q2 of 2015 . Q2 earnings per share view c$0.92 -- Thomson Reuters I/B/E/S .All figures in c$.  Full Article

Sun Life Financial announces launch of Digital Health Solutions
Thursday, 4 Aug 2016 10:08am EDT 

Sun Life Financial Inc :Launches Digital Health Solutions, to be led by Chris Denys.  Full Article

Sun Life Financial to buy FWD Hong Kong's pension business
Wednesday, 3 Aug 2016 06:45am EDT 

Sun Life Financial Inc : Sun life financial to acquire pension business of fwd hong kong and enter into 15-year pension distribution agreement . Sun life financial to acquire pension business of fwd hong kong and enter into 15-year pension distribution agreement . Transactions are expected to be completed in stages over course of 2017 and 2018 . Acquisitions will add hk$4.6 billion (c$769 million) in mpf aum, and bring sun life hk's combined aum to hk$34.7 billion (c$5.8 billion). .Financial terms of transactions were not disclosed..  Full Article

Sun life CEO says organic growth "first priority"
Wednesday, 11 May 2016 02:07pm EDT 

:Sun life ceo says first priority organic growth, lot of opportunity to grow organically.  Full Article

Sun Life Financial Q1 underlying EPS c$0.95
Tuesday, 10 May 2016 05:44pm EDT 

Sun Life Financial Inc : Qtrly global assets under management of $861 billion compared to $891 billion as at december 31, 2015 . Quarterly dividend declared of $0.405 per share compared to $0.39 declared in q4 of 2015 . Quarterly dividend declared of $0.405 per share compared to $0.39 declared in q4 of 2015 . Sun life financial inc says q1 underlying eps c$0.95 . Qtrly operating roe 11.3% versus 10.4% .Sun life financial reports first quarter 2016 results.  Full Article

Sun Life Financial increases dividend
Tuesday, 10 May 2016 05:12pm EDT 

Sun Life Financial Inc :Sun life financial increases dividend.  Full Article

Sun Life Financial Inc to acquire remaining 51% of CIMB Sun Life in Indonesia
Wednesday, 23 Mar 2016 06:45am EDT 

Sun Life Financial Inc:Says will result in its 100% ownership of PT CIMB Sun Life (CSL) through purchase of an additional 51% of CSL from its long-term partner, CIMB Group.Says Sun Life Financial currently owns 49% of CSL as well as 100% of PT Sun Life Financial Indonesia (SLF Indonesia).Transaction is expected to close by the end of the third quarter of 2016.Terms were not disclosed.  Full Article

Sun Life Financial Inc to increase shareholding in Birla Sun Life Insurance from 26% to 49%
Wednesday, 2 Dec 2015 05:15am EST 

Sun Life Financial Inc and Aditya Birla Nuvo Limited:Announce agreement for Sun Life to increase its ownership in Birla Sun Life Insurance Company Limited (BSLI) from 26% to 49% by purchasing additional BSLI shares from ABNL for consideration of 16.64 billion (about C$340 million).BSLI is one of two India joint ventures established between ABG and Sun Life. BSLI commenced business in 2001.Says acquisition is expected to be accretive, adding C$0.01 per share to Sun Life's earnings in 2016.Says transaction is expected to close by the end of Q1 2016, subject to regulatory approvals and customary closing conditions.Says acquisition will be financed using cash and is not expected to impact the Minimum Continuing Capital and Surplus Requirements ratio of Sun Life Assurance Company of Canada.  Full Article