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iA Financial to buy wealth management firm RF Capital

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Canadian company iA Financial has agreed to acquire RF Capital Group, a wealth management-focused company, in a deal valued at around C$597m ($435.1m). The deal will see iA purchase all outstanding common shares of RF Capital for C$20 each. The purchase price includes a C$370m valuation for RF Capital’s fully…

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Click here to read the full story: Private Banker International

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