Sign up for free newsletter

 

Acquisition

Fiera Capital acquires fixed income, equity and balanced account business of UBS Global Asset Management (Canada)

Fiera Capital has closed the acquisition of the Canadian fixed income, Canadian equity and domestic balanced account business from UBS Global Asset Management (Canada).

The deal represents assets under management of approximately CAD8bn for a cash consideration of CAD52m, subject to certain adjustments.

This transaction, previously announced on 11 December 2012, is immediately accretive to earnings.

The transaction has been approved by regulatory authorities and has satisfied other customary conditions.


Subscribe to free daily newsletter
latestjobs
Senior Pre-Sales Architect – Big Data/Hadoop

Mon, 27 Apr 2015 00:00:00 GMT

Investment Banking Associate-VP (FIG/FinTech)

Mon, 27 Apr 2015 00:00:00 GMT

Investment Banking M&A Associate

Mon, 27 Apr 2015 00:00:00 GMT

events
12 hours from now - London
12 hours from now - London
5 days 12 hours from now - San Diego
6 days 12 hours from now - New York
specialreports