Shearer's Foods—a company owned by Ontario Teachers' Pension Plan and private equity firm Wind Point Partners—has agreed to buy a private label manufacturer of cookies, crackers and wafers from Snyder's-Lance for US$430 million ($468.5 million).
Scotiabank has agreed to purchase the remaining 40% of Aurion Capital Management shares that were owned by Aurion Capital employees for an undisclosed amount.
Pfizer has announced that it made a preliminary bid to acquire U.K.-based AstraZeneca in January and it tried to restart merger talks over the weekend, but was rebuffed.
The Ontario Teachers' Pension Plan, along with partner Swander Pace Capital, has reached an agreement to sell Insight Pharmaceuticals to Prestige Brands Holdings for US$750 million ($828 million).
CIBC and two groups of private equity firms are considering making an offer for Russell Investments, according to a report.
TIAA-CREF has agreed to purchase Nuveen Investments for US$6.25 billion ($6.85 billion) from private equity firm Madison Dearborn Partners.
Great-West Financial, the American subsidiary of Great-West Lifeco, has reached an agreement to acquire J.P. Morgan Retirement Plan Services' large-market recordkeeping business for an undisclosed amount.
Morneau Shepell is acquiring Groupe AST, the largest workers' compensation provider in Quebec, from ADP Canada.
BMO Financial Group has reached an agreement to buy F&C Asset Management for £708 million (C$1.3 billion).
BMO Financial Group has made a preliminary offer of £697 million ($1.28 billion) to acquire London-based F&C Asset Management.