CI Financial go-private deal removes Bain Capital's 14.5% PIK chokehold on Corient, CI's Miami-based RIA unit, but at the price of control
An Abu Dhabi sovereign fund will cash out Corient 'preferred' shares negotiated by Bain, in part on Abu Dhabi's behalf, but only by tossing in the cash-cow Toronto asset manager's parent firm
Author Brooke Southall November 26, 2024 at 4:17 AM
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Brooke Southall and Keith Girard contributed to the editing of this article.
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