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Canadian firm Brookfield acquires UK's Just Group for £2.4 billion to expand in pensions market.
Canadian investment firm Brookfield Wealth Solutions plans to acquire UK retirement specialist Just Group for £2.4 billion in cash.
This deal, pending regulatory approval, aims to strengthen Brookfield's UK presence and combine Just with Blumont Annuity Company UK.
The acquisition, offering a significant premium to Just Group's share price, will see the combined entity continue under the Just brand, with operations led by current management.
This move expands Brookfield's footprint in the UK's sizable pensions market.
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La empresa canadiense Brookfield adquiere el grupo Just del Reino Unido por 2.400 millones de libras para expandirse en el mercado de las pensiones.