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Natixis Investment Managers and Fiera Capital Form Strategic Partnership
Natixis Investment Managers and Fiera Capital Form Strategic Partnership Canada Ne...
About this update from Fiera Capital Corporation Class A
[{"type":"text","content":"\n\n\n\nNatixis Investment Managers and Fiera Capital Form Strategic Partnership\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: TOP; BORDER-BOTTOM:black 0pt; TEXT-ALIGN: LEFT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnbcc{\nBORDER-TOP:0pt solid; BORDER-RIGHT:0pt solid; BORDER-COLLAPSE: COLLAPSE; BORDER-BOTTOM:0pt solid; BORDER-LEFT:0pt solid\n}\n\n\n\n\n\n\n\nCanada NewsWire\nMONTREAL and PARIS, May 9, 2019\n\n\n\nFIERA CAPITAL'S PREMIER INDEPENDENT CANADIAN DISTRIBUTION PLATFORM TO BE ENHANCED WITH ACCESS TO NATIXIS' GLOBAL ACTIVE INVESTMENT STRATEGIES\nLong-term agreement establishes Fiera Capital as Natixis' preferred distributor in Canada Natixis to acquire an 11.0% stake in Fiera Capital for C$128.16 million Fiera Capital intends to repurchase for cancellation 2.45 million Fiera Class A Shares from National Bank of Canada Natixis Investment Managers CEO Jean Raby to join Board of Fiera Capital MONTREAL and PARIS, May 9, 2019 /CNW Telbec/ - Fiera Capital Corporation (\"Fiera Capital\") (TSX: FSZ) and Natixis Investment Managers (\"Natixis\") today announced they have entered into a long-term strategic partnership that will establish Fiera Capital as Natixis' preferred Canadian distribution platform, giving Fiera Capital's clients access to Natixis' wide range of highly active investment strategies. As part of the agreement, Natixis has strengthened its commitment to the Canadian market through the acquisition of an 11.0% stake in Fiera Capital (limited impact on Natixis' CET1 ratio), and Natixis Investment Managers' CEO, Jean Raby, will join Fiera Capital's board of directors.\nThe partnership between Fiera Capital and Natixis includes: \nthe acquisition by Natixis of a total of 10.68 million Class A subordinate voting shares of Fiera Capital (the \"Fiera Class A Shares\") from a wholly-owned subsidiary of National Bank of Canada (\"NBC\"), and DJM Capital, an entity controlled by Jean-Guy Desjardins (\"DJM Capital\"), for a total co...