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Power Corp of Canada Ordinary Shares (Canada), also called Power Corporation of Canada, is a management and holding company, which engages in the provision of financial services; asset management; and sustainable and renewable energy. It operates through the following segments: Lifeco, IGM Financial, and Pargesa. Read More The Lifeco segment offers life and health insurance, retirement, and investment management services, and involves in the asset management and reinsurance businesses. The IGM Financial segment provides investment advisory and management services. The Pargesa segment comprises minerals-based specialty solutions for industry; testing, inspection, and certification; cement, aggregates, and concrete; wines and spirits; design and distribution of sportswear; materials technology and recycling of precious metals; oil, gas, and chemical industries; global luxury brand; disposable hygiene products; supply of equipment and project management for the food and beverage sectors; and operation of regional leisure parks. The company was founded by Arthur J. Nesbitt and Peter A. Thomson on April 18, 1925 and is headquartered in Montreal, Canada. PWCDF is listed on the Pink Current market tier. OTC market data is provided by OTC Markets Group, Inc (otcmarkets.com).
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Financial PostDec 13
Desmarais brothers to step back amid restructuring at Power Corp.Montreal’s Desmarais family is collapsing the complicated and costly dual holding company structure behind its fleet of insurance, money management and financia
New York TimesDec 13