Canadian firm agrees sale of UK division

Sun Life of Canada is selling its UK asset management subsidiary to Credit Suisse for an undisclosed sum, the group announced today.

Tue, 16 Oct, 2001 - 15:29

Sun Life of Canada is selling its UK asset management subsidiary to Credit Suisse for an undisclosed sum, the group announced today.

The sale of Sun Life of Canada Asset Management (SLCAM) to Credit Suisse’s asset management division is set to be completed by the end of the year, subject to regulatory clearance.

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