IGM Financial to Invest an Additional $96 Million in Wealthsimple
IGM Financial announced a $96 million investment in Wealthsimple as part of an equity financing round of up to $425 million. The transaction is expected to close in the future.
OTTAWA (dpa-AFX) - IGM Financial Inc. (IGIFF, IGM.TO), a diversified wealth and asset management company, on Tuesday announced that it will invest an additional $96 million in Wealthsimple as part of the latter's equity financing round of up to $425 million.The transaction is expected to close in t…