Foresters to Add $7.5 Billion of Assets With Canada Acquisition

  • Deals for former Aegon units are in Canadian asset management
  • Businesses set to be indirectly acquired from Wilton Re

Foresters, the financial-services firm that began in 1874, agreed to acquire two units formerly owned by Dutch insurer Aegon NV to expand in Canada and add about C$10 billion ($7.5 billion) in fixed-income and equity assets under management.

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