Bullboard - Stock Discussion Forum Sun Life Financial Inc T.SLF

Alternate Symbol(s): SUNFF | T.SLF.P.K | SNLFF | SLFIF | SLF | SNLIF | T.SLF.P.C | T.SLF.P.D | T.SLF.P.E | T.SLF.P.G | T.SLF.P.H | T.SLF.P.J

Financial Services Insurance - Diversified

Sun Life Financial Inc. is a Canada-based international financial services company, which offers asset management, wealth, insurance and health solutions to individual and institutional clients. Its segments include Canada, United States (U.S.), Asset Management, Asia, and Corporate. The Canada segment provides protection, health, asset management and wealth solutions. It also offers a premier... see more

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Sun Life Financial Inc > Acquisition Completed

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Post by retiredcf on Jul 02, 2021 9:09am

Acquisition Completed

08:28 AM EDT, 07/02/2021 (MT Newswires) -- Sun Life Financial Inc. (SLF.TO) said Thursday that it completed its acquisition of Pinnacle Care International Inc., a U.S.-based healthcare navigation and medical intelligence provider.

Pinnacle Care will join Sun Life's U.S. stop-loss and health business. Sun Life said the acquisition will help Pinnacle Care reach more potential clients while expanding the stop-loss unit's operations beyond the traditional model, which reimburses employers for the costs of serious health conditions after an employee's care has occurred.

Pinnacle Care has more than 170 employees and 20 years in the business, according to Sun Life. Financial terms of the transaction were not disclosed.

Price: 63.92, Change: -0.07, Percent Change: -0.11

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