Here are the top reads on deals and financial services over the last 24 hours,
Canada’s biggest pension plans to provide $3.2-billion in financing for Intact’s proposed RSA takeover: Canada’s three biggest pension plans have confirmed they will back Intact Financial Corp.'s global expansion plans by agreeing to purchase $3.2-billion of the insurer’s shares as part of a major takeover. (David Milstead and Tim Kiladze)
Brookfield plans new shares tied to insurance business: Brookfield Asset Management Corp. is making an even larger bet on its insurance holdings with the launch of a new company next year tied to the growing business. (David Milstead)
CI Financial plans to continue rapid pace of expansion after buying 12 investment firms this year: Wealth manager CI Financial Corp.'s rapid pace of expansion into the U.S. investment advisory market is not about to slow down, according to chief executive officer Kurt MacAlpine. (Clare O’Hara)
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