On August 12, 2025, Mubadala Capital announced its acquisition of CI Financial Corp.
Mubadala Capital (“Mubadala”) announced, on August 12, 2025, its acquisition of CI Financial Corp. (“CI”). Mubadala acquired all of the issued and outstanding common shares of CI at C$32.00 per share, for a total purchase price of C$4.7 billion, and an implied enterprise value of approximately C$12.1 billion. Further terms of the transaction were not disclosed.
Mubadala, based in Abu Dhabi, UAE, is the alternative asset management subsidiary of Mubadala Investment Company PSJC, one of the sovereign wealth funds of the government of Abu Dhabi. As of August 2025, Mubadala managed $430 billion through its asset managers and strategic partners.
CI, based in Toronto, Ontario, provides wealth management and asset management advisory services. As of August 2025, CI had approximately $550.9 billion in assets under management.
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