Sun Life Financial is acquiring real estate investment manager Bentall Kennedy Group for $560 million.
The Co-operators has purchased a majority interest in The Edge Benefits for an undisclosed amount.
Goldman Sachs Asset Management (GSAM) has entered into an agreement to buy the with Pacific Global Advisors (PGA) solutions business from Pacific Life for an undisclosed amount.
Teva Pharmaceutical Industries has made an unsolicited takeover offer to buy rival Mylan Pharmaceuticals for US$40 billion.
Manulife's U.S. division, John Hancock Financial, has successfully completed its previously announced acquisition of New York Life's Retirement Plan Services business.
Valeant Pharmaceuticals International has completed the previously announced acquisition of Salix Pharmaceuticals.
Teva Pharmaceutical Industries Ltd. is buying Auspex Pharmaceuticals Inc. for about US$3.2 billion in a move to strengthen its position on central nervous system condition treatments.
The largest health insurer in the United States, UnitedHealth, plans to spend more than US$12 billion to buy pharmacy benefits manager Catamaran Corp., one of the top healthcare stocks listed on the Toronto Stock Exchange.
Vontobel Asset Management has agreed to acquire a 60% stake in TwentyFour Asset Management LLP, an independent fixed income specialist based in London.
Canada’s Valeant Pharmaceuticals International has raised its bid to acquire Salix Pharmaceuticals for about US$11.1 billion ($14.2 billion).