trending Market Intelligence /marketintelligence/en/news-insights/trending/-Hu5-7yI_CbAIK3LaBBPlw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

CI Financial agrees to buy Sentry Investments for C$780M

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund

Street Talk Episode 65 - Deferral practices trap US bank portfolios in purgatory


CI Financial agrees to buy Sentry Investments for C$780M

CI Financial Corp. has agreed to acquire Sentry Investments Corp. for a total of C$780 million in cash and stock.

CI Financial will buy all the outstanding shares of Sentry and unit Sentry Investments Inc., with C$230 million payable in cash and the rest in CI Financial shares. The deal is expected to close on or about Sept. 29. After the deal closes, Sentry will continue as a stand-alone brand and will continue to provide investment products and portfolio managers to investors in Canada.

The transaction will increase CI Financial's assets under management by 16% to about C$140 billion from C$120.4 billion as of July 31. Total assets will increase to about C$180 billion. Sentry's owners will take a large portion of the purchase price in CI Financial shares and become long-term shareholders.

CIBC Capital Markets and Davies Ward Phillips Vineberg LLP acted as Sentry's advisers. Blake Cassels & Graydon LLP acted as exclusive advisers to CI Financial.