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CI Financial (TSX:CIX) stock zoomed on the news that the company will be taken private by Mubadala Capital, an asset manager based in Abu Dhabi. Will the deal actually go through, or might it face ...

Mubadala Capital, the investment arm of Abu Dhabi’s sovereign wealth fund Mubadala Investment Company, is taking CI Financial private in an all-cash deal that gives the Canadian asset management firm ...

CI Financial Corp. has entered an agreement with Abu Dhabi-based Mubadala Capital to go private. The deal values CI’s equity at roughly $4.7 billion, which implies an enterprise value of $12.1 billion ...

TORONTO - Another Canadian company is going private after a sovereign wealth fund of the United Arab Emirates reached a $4.7-billion deal to buy CI Financial Corp. Under the transaction, Mubadala ...

CI Financial Corp.’s sale for close to $8.7 billion to a sovereign wealth fund took some registered investment advisor market watchers by surprise Monday morning, while others said the sale of ...

All financial amounts are in Canadian dollars unless stated otherwise. TORONTO, November 25, 2024--(BUSINESS WIRE)--CI Financial Corp. ("CI") (TSX: CIX) today announced that it has entered into a ...

Editor's note: This story has been updated to reflect valuations and prices in US dollars. An earlier version of the story provided figures in Canadian dollars. CI Financial, the Canadian parent ...

Canada’s largest independent asset manager is selling itself to an arm of a Middle Eastern sovereign wealth fund for $4.7-billion, exposing the gulf between private equity buyers happy to chase ...

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I’ve been PCMag’s home entertainment expert for over 10 years, covering both TVs and everything you might want to connect to them. I’ve reviewed more than a thousand different consumer ...

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