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Guardian Capital Group Limited Announces Completion of Take-Private Transaction by Desjardins

Guardian Capital Group Limited (Guardian) (TSX: GCG) (TSX: GCG.A) today announced the successful completion of the previously-announced acquisition of Guardian by Desjardins Global Asset Management Inc. (DGAM), an affiliate of Desjardins Group (Desjardins). The C$1.67 billion transaction marks a significant milestone for Guardian and DGAM, providing the combined business with the opportunity to significantly scale its operations and further execute on its strategy of building a best-in-class asset manager.

Mar 23, 2026 &03272323202631; 18:27 UTC www.bnnbloomberg.ca Trending 4/5

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Neutral impact

Sentiment score: +5/100

Moderate impact Long-term (months)

WHAT THIS MEANS

Desjardins Global Asset Management completed its C$1.67 billion acquisition of Guardian Capital Group, taking the company private. This consolidation aims to create a scaled asset management platform, though the deal was previously announced and market expectations were already established.

AI CONFIDENCE

75% High

SENTIMENT GAUGE

NEWS POWER SCORE

AFFECTED ASSETS

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GCG

GCGStock

Expected to decline

Stock delisted from TSX following completion of take-private transaction; no longer publicly traded

↓

GCG.A

GCG.AStock

Expected to decline

Class A shares delisted from TSX following completion of take-private transaction; no longer publicly traded

PRICE HISTORY

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⚡ SUGGESTED ACTION

This is a completed M&A transaction with no trading implications for public markets. GCG and GCG.A are no longer publicly traded. Investors previously holding shares would have received the acquisition consideration. Monitor Desjardins' combined asset management platform performance for competitive positioning in Canadian wealth management.

KEY SIGNALS

Take-private transaction completed (previously announced)C$1.67 billion acquisition priceDesjardins consolidating asset management operationsDelisting from public marketsScale and operational synergy objectives

SECTORS INVOLVED

Asset ManagementFinancial ServicesWealth Management

Analysis generated on Mar 23, 2026 at 18:23 UTC

Disclaimer: This analysis is generated by artificial intelligence for informational purposes only and does not constitute financial advice, investment recommendation, or solicitation. Original reporting by BNN Bloomberg. Always conduct your own research and consult a qualified financial advisor before making investment decisions.

Guardian Capital Group Limited Announces Completion of Take-Private Transaction by Desjardins

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