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Great-West Lifeco Inc T.GWO

Alternate Symbol(s):  GWLIF | GWLPF | T.GWO.PR.G | GRWTF | T.GWO.PR.I | T.GWO.PR.L | GRWLF | T.GWO.PR.H | T.GWO.PR.M | T.GWO.PR.N | T.GWO.PR.P | T.GWO.PR.Q | T.GWO.PR.R | T.GWO.PR.S | T.GWO.PR.T | T.GWO.PR.Y

Financial Services Insurance - Life
Great-West Lifeco Inc. is an international financial services holding company. The Company has interests in life insurance, health insurance, retirement and investment services, asset management and reinsurance businesses. Its segments include Canada, United States, Europe, and Capital and Risk Solutions. It operates in Canada, the United States and Europe under the brands Canada Life, Empower, and Irish Life. It operates through its subsidiaries, including The Canada Life Assurance Company (Canada Life), and Empower Annuity Insurance Company of America (Empower). Canada Life provides insurance and wealth management products and services in Canada, the United Kingdom, the Isle of Man and Germany, and in Ireland through Irish Life. Empower provides retirement plans.


TSX:GWO - Post by User

Great-West Lifeco Inc
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Post by marpincanon Jan 24, 2019 2:33pm
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Post# 29277043

GWO sells some US life insurance assets

GWO sells some US life insurance assets
Sold for below what gwo carries these on its books for and so GWO  will be writing off some "wooden nickles". ;-) Market does not like this and so stock drops. For GWO  this frees up money to invest elsewhere. For the investor - more buying opportunity and a nice dividend. IMO

https://www.benzinga.com/news/19/01/13032591/great-west-lifeco-sheds-us-business-units-in-1-billion-plus-deal
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