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Rockefeller Capital Management Transaction Further Strengthens its Ownership and Demonstrates Value for IGM Financial Shareholders
Rockefeller Capital Management Transaction Further Strengthens its Ownership and Demonstrates Val...
About this update from Igm Financial Inc.
[{"type":"text","content":"\n\n\nRockefeller Capital Management Transaction Further Strengthens its Ownership and Demonstrates Value for IGM Financial Shareholders\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{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\nCanada NewsWire\n\n\nIGM Financial's investment in Rockefeller valued at C$1.58 billion1, up approximately C$750 million from initial investment in June 20232\nWINNIPEG, MB, Oct. 14, 2025 /CNW/ - IGM Financial Inc. (\"IGM\") (TSX: IGM) today announced details related to Rockefeller Capital Management's (\"Rockefeller\" or \"the firm\") transaction, which was announced by Rockefeller in a press release issued earlier today. \n\n\n\n\n\n\n\nThe Rockefeller transaction marks a significant milestone in the firm's growth trajectory and further strengthens the firm's ownership base with the addition of multiple distinguished investors and continues to align Rockefeller's management with long-term equity ownership.\nBased on the transaction valuation, IGM's current equity interest in Rockefeller is valued at US$1.13 billion (C$1.58 billion), up approximately US$510 million (C$750 million) from IGM's initial investment in June 20232 of US$622 million (C$835 million), representing an increase of C$3.18 per IGM share and a total value of C$6.69 per IGM share3.IGM will remain the second largest and a strategic investor following a planned sale of a small portion of its US$1.13 billion (C$1.58 billion) equity interest to support the goals of the transaction, the details of which are expected to be finalized at close of the transaction.\"We are proud of the ongoing and rapid progress that Rockefeller has made in establishing themselves at the top-end of the US w...