Manulife Financial Corp. says its life insurance division, The Manufacturers Life Insurance Company, will acquire the Canadian-based assets of Standard Life Plc for $4 billion in cash, expanding Manulife’s presence in Quebec.

Source: http://www.cbc.ca/news/business/manulife-buys-standard-life-s-canadian-assets-for-4b-1.2754776?cmp=rss

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