Private equity firm TA Associates has agreed to acquire Frank Russell Company’s asset management business, Russell Investments, from London Stock Exchange Group (LSEG) for US$1.15 billion.
BMO has completed the previously announced sale of its Milwaukee-based U.S. retirement services business to OneAmerica.
Aegon, through an affiliate of its Transamerica unit, has reached an agreement to acquire Mercer's American DC administration book of business for an undisclosed amount.
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.