Life & Health Insurance M&A » By The Online Investor Staff, updated Fri., Jun. 9, 7:16 AM
Recent mergers and acquisitions in the Life & Health Insurance M&A category.
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Slide #35. Manulife Financial — Benesure Canada Inc.
Acquirer:
Manulife Financial (NYSE:MFC)
Acquiree:
Benesure Canada Inc.
Details:
Manulife Financial today is pleased to announce that it has completed its previously announced acquisition of Benesure Canada Inc., Canada's leading third party administrator and distributor of life and disability insurance solutions to the mortgage broker marketplace.
Manulife Financial is a holding company. Through its subsidiaries, Co. is a life insurance company. Co.'s four operating segments are: Asia, which includes a range of health, protection, savings, medical, term and whole life products; Canada, which provides life, health, disability and specialty products, such as mortgage creditor and travel insurance; U.S., which provides a range of life insurance products, insurance-based wealth accumulation products, and has an in-force long-term care insurance business and an in-force annuity business; and Global Wealth and Asset Management, which provides investment advice and solutions to retirement, retail and institutional clients.
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Avg. Broker Rec.
 
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Buy (2.57 out of 4) 6th percentile
(ranked lower than approx. 94% of all stocks covered)
Analysts' Target Price: MFC Stock Forecast Based on Zacks ABR data; powered by Xignite |
