Fredrikson & Byron Represents Securian Financial Group in $142 Million Canadian Acquisition
Fredrikson & Byron acted as legal counsel to Securian Financial Group in its expansion into the Canadian market. Fredrikson represented the financial services company, which has more than $1.15 trillion of in force insurance and $64 billion in assets under management, in negotiating its pending $142 million acquisition of certain Canadian insurance, insurance distribution and technology businesses from ivari, a Canadian insurance company. Securian Financial Group and ivari have entered into a definitive acquisition agreement and the acquisition is expected to close in the first quarter of 2017.
Read the news release.