Markets.News
Guardian Capital Group Limited has announced that it has received regulatory approval to finalize a statutory plan of arrangement under the Business Corporations Act (Ontario). Desjardins Global Asset Management Inc., a Desjardins Group affiliate, will acquire all Common shares and Class A shares of Guardian, with the exception of shares held by specific shareholders with equity rollover agreements, at a price of C$68.00 per share in cash. The deal marks a significant development for Guardian and its shareholders.