Mubadala Capital to acquire CI Financial Corp. in a premium, all-cash offer
Acquiring Company
Mubadala Capital
Acquired Company
CI Global Asset Management
United Arab Emirates
TorontoFinancial ServicesDescription
CI Financial Corp. has entered into a definitive agreement with Mubadala Capital, valuing CI's equity at approximately $4.7 billion and implying an enterprise value of approximately $12.1 billion. This transaction will enable CI to capitalize on new opportunities in the asset and wealth management sectors while maintaining its current structure and management team.
Quick answer
Mubadala Capital is acquiring CI Global Asset Management, announced November 25, 2024. Mubadala Capital is based in United Arab Emirates.
- How much did Mubadala Capital pay for CI Global Asset Management?
- The deal value was not disclosed.
- Where are Mubadala Capital and CI Global Asset Management based?
- Mubadala Capital is based in United Arab Emirates. CI Global Asset Management is based in Toronto, Ontario, Canada.
- Who are the decision-makers at Mubadala Capital?
- Fundz holds 5 contacts at Mubadala Capital. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Mubadala Capital, and when
When Mubadala Capital changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Mubadala Capital raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Mubadala Capital, from your own LinkedIn network
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Related People
Frequently asked
Who acquired CI Global Asset Management?
CI Global Asset Management was acquired by Mubadala Capital, based in United Arab Emirates. The deal was reported on November 28, 2024. Mubadala Capital is privately held.
When did Mubadala Capital acquire CI Global Asset Management?
Mubadala Capital's acquisition of CI Global Asset Management was reported on November 28, 2024. CI Financial Corp. has entered into a definitive agreement with Mubadala Capital, valuing CI's equity at approximately $4.7 billion and implying an enterprise value of approximately $12.1 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does CI Global Asset Management do?
CI Global Asset Management (CI GAM) is one of Canada’s largest investment management companies. It offers a wide range of investment products and services. CI GAM is a subsidiary of CI Financial Corp., an integrated global asset and wealth management company. It is privately held, operating in Financial Services, and is based in Toronto.
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