Definity’s McDougall Insurance Brokers to Acquire Canada’s Drayden Insurance

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Insurance Journal - Jun 30, 2023

McDougall Insurance Brokers Ltd., the Belleville, Ontario-based subsidiary of Definity Financial Corp., announced it has entered into a definitive agreement to acquire 100% of Drayden Insurance Ltd. for C$208 million (US156.9 million), subject to closing and post-closing adjustments. The transaction...

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