Sun Life Financial has agreed to acquire Assurant's employee benefits business for US$975 million.
BayBridge Seniors Housing, a subsidiary of Ontario Teachers' Pension Plan, has agreed to buy Amica Mature Lifestyles for $578 million.
Sun Life Financial has completed the purchase of real estate investment company Bentall Kennedy for $560 million.
BlackRock has entered into a definitive agreement to acquire FutureAdvisor, a robo-advisory firm.
Sun Life Financial is in discussion to purchase Assurant’s employee benefits division, reports Bloomberg News.
Aberdeen Asset Management has entered into an agreement to acquire New York-based Arden Asset Management for an undisclosed amount.
Shire has made an unsolicited takeover bid of US$30 billion for biosciences company Baxalta, which was recently spun off from healthcare company Baxter International.
Morneau Shepell has completed the acquisition of the U.S. health and welfare benefits administration business of Ceridian.
Teva Pharmaceutical has agreed to acquire Allergan's global generic pharmaceuticals business for US$40.5 billion.
Health insurer Anthem has reached a deal to acquire Cigna for US$48 billion.