Manulife buys Standard Life Canadian assets for $4B

[rwana]

http://i.cbc.ca/1.2522860.1402622734!/httpImage/image.jpg_gen/derivatives/16x9_460/breaking-news.jpg Manulife Financial Corp. says its life insurance division, The Manufacturers Life Insurance Company, will acquire the Canadian-based assets of Standard Life Plc for $4 billion in cash. Manulife says the move will expand its presence in Quebec.


more .... (http://www.cbc.ca/news/business/manulife-buys-standard-life-canadian-assets-for-4b-1.2754776?cmp=rss)