Mubadala Capital, the asset-management unit of the sovereign wealth fund, struck a definitive agreement to buy CI's for a cash consideration equal to C$32 a share, which marks a 33% premium to the ...
CI Financial's shares rallied Monday after the asset and wealth manager agreed a deal worth about 4.7 billion Canadian dollars (US$3.4 billion) that will see it taken private by Mubadala Capital, the ...
TORONTO--CI Financial has entered into an agreement with Mubadala Capital to take CI private; transaction implies an enterprise value of about C$12 billion.
(Reuters) -Mubadala Capital, Abu Dhabi's sovereign wealth fund, will take Canadian asset and wealth manager CI Financial private in a deal that values the company at C$4.7 billion ($3.36 billion).