12:04 PM EST - Great-West Lifeco Inc. : Has agreed to enter into a long-term strategic partnership with Sagard Holdings which includes the sale of its Colorado-based subsidiaries, EverWest Real Estate Investors, LLC and Everwest Advisors, LLC to Sagard, and a capital commitment of up to approximately $500 million U.S. by Lifeco into certain Sagard funds. In exchange, Lifeco will acquire a minority stake in Sagard Holdings Management Inc., a subsidiary of Sagard. Great-West Lifeco Inc.
shares T.GWO are trading up $0.20 at $38.86.
