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About the company
Power Corporation of Canada is a diversified management and holding company. The Company has interest in the financial services, renewable energy, communications and other business sectors. Its principal asset is the controlling interest in Power Financial Corporation (Power Financial). Its segments are Great-West Lifeco Inc. (Lifeco), IGM Financial Inc. (IGM) and Pargesa Holding SA (Pargesa). Lifeco offers life insurance, health insurance, retirement and investment services, and is engaged in the asset management and reinsurance business. IGM is a financial services company operating in Canada, primarily within the advice segment of the financial services market. Pargesa is a holding company with diversified interests in Europe-based companies active in various sectors, such as minerals-based specialty solutions for industry; cement, aggregates and concrete; testing, inspection and certification; wines and spirits, and electricity, natural gas and energy and environmental services.
- Revenue in CAD (TTM)42.32bn
- Net income in CAD1.02bn
- LocationPower Corporation of Canada751 du Square-Victoria StMONTREAL H2Y 2J3CanadaCAN
- Phone+1 (514) 286-7400
- Fax+1 (514) 286-7400
Mergers & acquisitions
|Acquired company||Deal status||Date||Date /|
|POW:TOR since |
|Power Financial Corp||Announced||13 Dec 2019||13 Dec 2019Announced||-20.25%||6.08bn|