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.
American health insurer Anthem will announce a deal to acquire its rival Cigna as early as Friday, reports say.
Morneau Shepell has agreed to acquire the American health and welfare benefits administration business of Ceridian.
Piper Jaffray has agree to acquire BMO Capital Markets GKST, BMO’s municipal bond sales, trading and origination business for an undisclosed amount.
Royal Bank of Canada has agreed to sell its Switzerland-based private banking business to SYZ Group for an undisclosed amount.
Marsh & McLennan Agency (MMA) has acquired Vézina, an independent insurance brokerage firm in Montreal, Quebec for an undisclosed amount.
Great-West Lifeco's European subsidiary, Canada Life Group, has completed its previously announced acquisition of Legal & General International (Ireland) Limited (LGII).
Manulife's U.S. division, John Hancock Financial, has successfully completed its reinsurance transaction through which New York Life has assumed, on a reinsurance basis, a net 60% interest in John Hancock's in-force participating life insurance closed block, which was written prior to John Hancock's demutualization in 2000.