MONTREAL, June 21, 2024 /CNW/ - Fiera Capital Corporation (TSX: FSZ) ("Fiera Capital" or the "Company"), a leading independent asset management firm, is pleased to announce that the Company's senior management and a number of its board members have acquired all units of Fiera Capital L.P. ("Fiera LP") and all shares of Fiera Holdings Inc. ("Fiera Holdings") previously held by Desjardins Financial Holding Inc. ("Desjardins"), an indirect wholly-owned subsidiary of Fédération des caisses Desjardins du Québec (the "Transaction"). There are no outside buyers involved in the Transaction. The Transaction involves units of Fiera LP and shares of Fiera Holdings (the "Purchased Securities") representing 7,257,960 Class B voting shares ("Class B Shares") and Class A subordinate voting shares ("Class A Shares") of the Company, representing 6.8% of the total outstanding shares.
Read more at newswire.caFiera Capital Senior Management Acquires Shares from Desjardins in a C$53 Million Transaction
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