Monday, March 27, 2006
Manulife Sells Independent Investment Unit
City National Corp., a provider of private banking and related financial services, has acquired investment manager Independence Investment LLC from Canada's Manulife Financial Corp.
The deal's financial details were not disclosed. Independence, which manages more than $7.5 billion in assets on behalf of institutional clients like companies, foundations and endowments, will remain headquartered in Boston.
Manulife Sells Independent Investment Unit
Source: Yahoo! Finance
The deal's financial details were not disclosed. Independence, which manages more than $7.5 billion in assets on behalf of institutional clients like companies, foundations and endowments, will remain headquartered in Boston.
Manulife Sells Independent Investment Unit
Source: Yahoo! Finance
Permalink posted by armandn @ 12:23 PM 
 |
 |  |
  |
