Desjardins Global Asset Management Acquires Guardian Capital Group Limited (Take-Private)

Desjardins Group, through Desjardins Global Asset Management Inc. (DGAM), completed its $1.67 billion take-private acquisition of Guardian Capital Group Limited. DGAM acquired all issued and outstanding common and Class A shares of Guardian for C$68.00 per share (excluding rollover shares), and the combined platform now oversees about C$280 billion in assets under management and advisement.