Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. Canada
  4. Toronto Stock Exchange
  5. Guardian Capital Group Limited
  6. News
  7. Summary
    GCG.A   CA4013393042

GUARDIAN CAPITAL GROUP LIMITED

(GCG.A)
  Report
Delayed Toronto Stock Exchange  -  11:55:59 2023-01-27 am EST
40.00 CAD   -0.27%
01/10GUARDIAN CAPITAL GROUP LIMITED : Ex-dividend day for
FA
2022Guardian Capital Reports Annual 2022 Special Distributions for 6 Guardian Capital ETFs
MT
2022Guardian Capital Renewing Normal Course Issuer Bid
MT
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Desjardins Group agreed to acquire IDC Worldsource Insurance Network Inc. from Guardian Capital Group Limited (TSX:GCG.A) and others.

11/30/2022 EST

Desjardins Group agreed to acquire IDC Worldsource Insurance Network Inc. from Guardian Capital Group Limited (TSX:GCG.A) and others on November 30, 2022. Following the closing of the transaction Desjardins plans to operate the acquired company as stand-alone entity. In related transactions, Desjardins Group will acquire Worldsource Financial Management Inc. and Worldsource Securities Inc. from Guardian Capital Group Limited, the purchase price under the Purchase Agreements is $750 million, subject to customary purchase price adjustments.

IDC Worldsource Insurance Network Inc. will continue being led by the current teams of management and employees. The deal is subject to customary closing conditions, including regulatory approvals. The transaction is expected to close in the first quarter of 2023.

BMO Capital Markets is acting as financial advisor to Guardian and provided a fairness opinion to its board of directors. Andrew McLean and Carlos Cerquiera of Borden Ladner Gervais LLP and KPMG LLP are acting as legal and tax advisors, respectively, to Guardian. Desjardins Capital Markets is acting as financial advisor and Stikeman Elliott LLP is acting as legal advisor to Desjardins.


ę S&P Capital IQ 2022
All news about GUARDIAN CAPITAL GROUP LIMITED
01/10GUARDIAN CAPITAL GROUP LIMITED : Ex-dividend day for
FA
2022Guardian Capital Reports Annual 2022 Special Distributions for 6 Guardian Capital ETFs
MT
2022Guardian Capital Renewing Normal Course Issuer Bid
MT
2022Tranche Update on Guardian Capital Group Limited (T..
CI
2022Guardian Capital Group Limited (TSX:GCG.A) announces..
CI
2022Guardian Capital Brief: Renewing Normal Course Issuer Bid
MT
2022Guardian Capital Group Limited Renews Normal Course Issuer Bid
AQ
2022Guardian Capital Group Limited authorizes a Buyback Plan.
CI
2022Guardian Capital Group on Plans to Remove Its Lifetime Carbon Balance by 2040 Through P..
MT
2022Guardian Capital Group Limited announces plans to remove its lifetime carbon balance by..
AQ
More news
Analyst Recommendations on GUARDIAN CAPITAL GROUP LIMITED
More recommendations
Financials
Sales 2022 296 M 221 M 221 M
Net income 2022 - - -
Net Debt 2022 88,0 M 65,9 M 65,9 M
P/E ratio 2022 -
Yield 2022 2,34%
Capitalization 966 M 723 M 723 M
EV / Sales 2022 3,56x
EV / Sales 2023 3,36x
Nbr of Employees 600
Free-Float 67,8%
Chart GUARDIAN CAPITAL GROUP LIMITED
Duration : Period :
Guardian Capital Group Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends GUARDIAN CAPITAL GROUP LIMITED
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 2
Last Close Price 40,11 CAD
Average target price 52,00 CAD
Spread / Average Target 29,6%
EPS Revisions
Managers and Directors
George Mavroudis President, Chief Executive Officer & Director
Donald Yi Chief Financial Officer
James Sam Anas Chairman
Doce Tomic Head-Wealth Management
Robert McLean Senior Vice President-Information Technology
Sector and Competitors