Analyst Articles
Desjardins to Acquire Guardian Capital in $1.67B Transaction
Desjardins Group has agreed to acquire Guardian Capital Group in an all-cash transaction valued at approximately $1.67 billion. The transaction follows Desjardins’ earlier acquisition of Guardian’s Worldsource businesses and will result in the combined organization managing roughly $280 billion in client assets. Guardian shareholders will receive $68.00 per share, representing a significant premium to recent trading levels. The transaction has been unanimously approved by both boards and is expected to close in the first half of 2026, subject to customary approvals. [more]