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UAEs Mubadala agrees to take CI Financial private in $8.7B deal

CI Financial (OTCPKCIXXF) entered an agreement to be acquired by an affiliate of Mubadala Capital in deal that implies an enterprise value of ~C$12.1B (US $8.67B), the company said on Monday. Shareholders will get C$32.

Posted by Hicham ALAOUI RIZQ on 2024, Nov 25

Introduction

CI Financial (OTCPKCIXXF) entered an agreement to be acquired by an affiliate of Mubadala Capital in deal that implies an enterprise value of ~C$12.1B (US $8.67B), the company said on Monday. Shareholders will get C$32.

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