{"id":106579,"date":"2025-08-15T00:00:00","date_gmt":"2025-08-15T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/mubadala-capital-finalizes-acquisition-of-ci-financial\/"},"modified":"2025-08-15T00:00:00","modified_gmt":"2025-08-15T00:00:00","slug":"mubadala-capital-finalizes-acquisition-of-ci-financial","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/08\/15\/mubadala-capital-finalizes-acquisition-of-ci-financial\/","title":{"rendered":"Mubadala Capital finalizes acquisition of CI Financial"},"content":{"rendered":"

Mubadala<\/strong> Capital completes takeover of CI Financial:<\/strong> Mubadala Capital, through its units MC Accelerate Co-Invest and MC Accelerate Holdings, acquired<\/a> CI Financial, valuing CI\u2019s equity at approximately CAD 4.7 bn (USD 3.4 bn) and implying an enterprise value of CAD 12.1 bn (USD 8.8 bn), according to a press release<\/a>. The agreement closed on 12 August.<\/p>\n

The details:<\/strong> Mubadala Capital paid CAD 32 per share for all outstanding CI shares, except those held by CEO Kurt MacAlpine (LinkedIn<\/a>). MacAlpine is rolling his shares into the private entity.<\/p>\n

CI aims to use Mubadala\u2019s resources to expand in North<\/strong> America and globally<\/strong>, while growing its US subsidiary Corient<\/a> and retaining its private partnership model.<\/p>\n

What\u2019s next?<\/strong> CI will continue operating independently under its existing brand, structure and leadership from its Toronto headquarters. It will be delisted from the Toronto Stock Exchange soon, but it will remain a reporting issuer in all Canadian provinces. Board changes include the addition of Samuel Merksamer, Murat Konuk and Glyn Barker, joining William Holland and MacAlpine.<\/p>\n

ADVISORS-<\/strong> INFOR Financial advised CI\u2019s special committee of independent directors, with counsel from Wildeboer Dellelce. Stikeman Elliott and Skadden, Arps, Slate, Meagher & Flom also served as legal advisors to CI, and RBC Capital Markets acted as an additional advisor. Mubadala Capital\u2019s lead financial advisor was Jefferies Securities, with counsel from Blake, Cassels & Graydon and Latham & Watkins, strategic communications from FGS Longview, and additional advisory support from BMO Capital Markets.<\/p>\n","protected":false},"excerpt":{"rendered":"

CI aims to use Mubadala\u2019s resources to expand in North America and globally<\/p>\n","protected":false},"author":1,"featured_media":106580,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2392],"tags":[7,1342,1344,60,1343],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-106579","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ma-watch-2","tag-enterpriseam-uae","tag-investment","tag-ma","tag-ma-watch","tag-mubadala","wpautop","entry"],"acf":{"mongo_id":"88179221-f9d4-4fd3-ab06-9902a898f403","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/5\/1595.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Mubadala Capital finalizes acquisition of CI Financial","related_issue":[106569],"teaser":"CI aims to use Mubadala\u2019s resources to expand in North America and globally","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/8\/.738832f5-297c-44b5-b56c-b744b1487243.mp3"},"yoast_head":"\nMubadala Capital finalizes acquisition of CI Financial - 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