Add-on Acquisition • Financial Services

Manulife Acquires John Hancock Financial Services

On September 29, 2003, Manulife acquired financial services company John Hancock Financial Services for 10.3B USD

Acquisition Context

This is Manulife’s 1st transaction in the Financial Services sector.
This is Manulife’s largest (disclosed) transaction.
This is Manulife’s 1st transaction in the United States.
This is Manulife’s 1st transaction in Massachusetts.

Explore All 3084 Add-on Acquisition Financial Services Deals - Search the Database Free

M&A Deal Summary
Date	September 29, 2003
Target	John Hancock Financial Services
Sector	Financial Services
Buyer(s)	Manulife
Deal Type	Add-on Acquisition
Deal Value	10.3B USD

Target Company

John Hancock Financial Services

Boston, Massachusetts, United States

John Hancock Financial Services, Inc. is a financial services provider offering investment solutions, advisory services, insurance programs, and retirement planning.

Explore More Deals

Browse All 215,156 Deals

FILTER BY

Buyer Type (PE or Strategic)
Deal Size ($10M to $10B+)
Sector (60 Sectors)
Deal Type
Geography
& More

Search Free

Buyer Overview 1

Buyer

Manulife

Toronto, Ontario, Canada

Category	Company
Founded	1887
Sector	Financial Services
Employees	37,000
Revenue	45.6B CAD (2024)

DESCRIPTION

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, Ontario.

Deal Context for Buyer	#
Overall	2 of 10
Sector: Financial Services	1 of 4
Type: Add-on Acquisition	1 of 5
State: Massachusetts	1 of 1
Country: United States	1 of 3
Year: 2003	1 of 1
Size (of disclosed)	1 of 2

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2002-02-18	Zurich Life Insurance Co. Hong Kong, China Zurich Life Insurance Company is a provider of insurance and risk financing services.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2002-02-18

Zurich Life Insurance Co.

Hong Kong, China

Zurich Life Insurance Company is a provider of insurance and risk financing services.

Buy

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2006-05-15	The Pramerica Life Insurance Co. Philippines The Pramerica Life Insurance Co., Inc. is a provider of insurance products and services.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2006-05-15

The Pramerica Life Insurance Co.

Philippines

The Pramerica Life Insurance Co., Inc. is a provider of insurance products and services.

Buy

Explore Related M&A Activity

Financial Services M&A - Add-on Acquisition M&A Deals - Massachusetts M&A - United States M&A - 2003 M&A