Power Corporation of Canada (OTCPK:PWCDF) Q4 2021 Earnings Conference Call March 18, 2022 8:30 AM ET Company Participants Jeffrey Orr - President and CEO Greg Tretiak - EVP and CFO.
Winnipeg-based People Corp. has been acquired for $1.13 billion possibly a North American record by the private equity division of Goldman Sachs.
Winnipeg-based People Corp. has been acquired for $1.13 billion possibly a North American record by the private equity division of Goldman Sachs. What we are told is this is one of the highest prices, if not the highest price, ever paid for an insurance platform in North America, said People Corp. founder and CEO Laurie Goldberg.
MIKE DEAL / WINNIPEG FREE PRESS
Laurie Goldberg, founder and CEO of People Corp., said the purchase by Goldman Sachs provides the company the capital needed ‘to scale to the next level.’