M&A Deal Summary |
|
|---|---|
| Date | 2014-09-03 |
| Target | The Manufacturers Life Insurance |
| Sector | Insurance |
| Buyer(s) | Manulife |
| Sellers(s) | abrdn |
| Deal Type | Divestiture |
| Deal Value | 4.0B USD |
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| Category | Company |
|---|---|
| Founded | 1887 |
| Sector | Financial Services |
| Employees | 38,000 |
| Revenue | 15.3B CAD (2022) |
Manulife is a financial services company with principal operations in Asia, Canada and the United States. Manulife was founded in 1887 and is based in Toronto, Canada.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 10 |
| Sector (Insurance) | 5 of 5 |
| Type (Divestiture) | 5 of 5 |
| State (Ontario) | 3 of 3 |
| Country (Canada) | 4 of 4 |
| Year (2014) | 1 of 1 |
| Size (of disclosed) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-01-04 |
Benesure Canada
Kleinburg, Ontario, Canada Benesure Canada Inc. provides mortgage life and disability insurance under the brand names of Mortgage Protection Plan and Credit Security Plan distributed through mortgage brokers and non-bank lenders. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-07-12 |
Midland Cogeneration Venture
Midland, Michigan, United States Midland Cogeneration Venture is a provider of gas-fired cogeneration plants in the United States and its facility capacity is 1,560 megawatts of electric power and additionally 1.35 million pounds per hour of process steam for industrial use. Midland Cogeneration Venture was founded in 1987 and is based in MIdland, Michigan. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1825 |
| Sector | Financial Services |
| Employees | 5,000 |
| Revenue | 2.7B USD (2021) |
Standard Life Aberdeen plc is a provider of long-term savings and investments. Established in 1825 and headquartered in Edinburgh, the company has around 8,500 employees internationally. The Standard Life group includes savings and investments businesses, which operate across the UK, Canada, Europe, Asia and the Middle East; workplace pensions and benefits businesses in the UK and Canada; Standard Life Investments, a global investment manager, which manages over £191 billion assets globally; and its Chinese and Indian Joint Venture businesses. Standard Life Aberdeen was founded in 1825 and is based in Edinburgh, United Kingdom.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 4 |
| Sector (Insurance) | 2 of 3 |
| Type (Divestiture) | 3 of 4 |
| State (Ontario) | 1 of 1 |
| Country (Canada) | 1 of 2 |
| Year (2014) | 1 of 1 |
| Size (of disclosed) | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-03-26 |
Ignis Asset Management
Edinburgh, United Kingdom Ignis Asset Management Ltd. provides investment management services to Phoenix's Life Companies as well as to third party clients, including retail, wholesale and institutional investors in the UK and overseas. |
Buy | £390M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-02-02 |
Standard Life Financial
Montréal, Quebec, Canada Standard Life Financial, Inc. is a provider of investment and insurance products for individuals and advisors. Standard Life Investments and Manulife will also explore other potential opportunities for collaboration between their respective investment capabilities and distribution platforms. The company was founded in 1833 and is based in Montréal, Canada. |
Sell | CA$4.0B |
