Waterloo Region Record

Desjardins buys Guardian units

Desjardins Group has signed a deal to buy Guardian Capital Group Ltd.’s life insurance, mutual fund and investment distribution networks for $750 million. Desjardins Group CEO Guy Cormier says the deal positions it as a leader in life insurance independent distribution in Canada. Desjardins will acquire IDC Worldsource Insurance Network Inc., mutual fund dealer Worldsource Financial Management Inc. and investment dealer Worldsource Securities Inc.

BUSINESS

en-ca

2022-12-01T08:00:00.0000000Z

2022-12-01T08:00:00.0000000Z

https://waterloorecord.pressreader.com/article/281672553964758

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