November 2013

Industrial Alliance Completes Acquisition of Jovian Capital Corporation

Industrial Alliance Insurance and Financial Services and Jovian Capital Corporation announces the completion of the acquisition through a plan of arrangement of all the outstanding common shares of Jovian at $10.23 per share, for the aggregate consideration of approximately $79 million in cash and the issuance of 295,253 common shares of Industrial Alliance.


Top 10 Canadian Accounting Firm Mallette Joins TIAG

Leading Canadian accounting firm, Mallette has announced its membership in the international alliance of accounting firms known as TIAG® (The International Accounting Group). Mallette, which employs more than 700 people in 23 offices throughout Quebec Province, joins an alliance of more than 110 independent accounting firms from around the world, and gains unparalleled access to TIAG’s sister alliance of independent law firms, TAGLaw®.


Three investors acquire AGA Financial Group

A new team of shareholders made up of Martin Papillon, Chantal Dufresne and Gabriel Gagnon, all of whom are well known in the Quebec insurance and financial services industry, has acquired AGA Financial Group, held by La Capitale Insurance and Financial Services since 2005. This transaction takes effect today.


Monique F. Leroux elected to the board of the International Co-operative Alliance

Chair of the Board, President and CEO of Desjardins Group, Monique F. Leroux, was elected to the board of directors of the International Co-operative Alliance (ICA) this week. “Canada and Desjardins Group have long been proud, strong supporters of the ICA, and I’m happy to continue the tradition,” said Ms. Leroux. “Working as a member of the ICA, I hope to help promote the cooperative model around the world.” The ACI held its Global Conference and General Assembly this week in Cape Town, South Africa, where members from nearly 100 countries participated in board elections.