Wednesday, 7 June 2017

Putnam Parent Buying Start-Up Rivals To Boost Competitive DNA

Canada’s billionaire Desmarais family has come up with a novel approach to fend off the technology startups that threaten its financial services empire: Bring the enemies in and invite them to attack. Power Corp. of Canada, the Montreal-based holding company that runs one of the country’s biggest insurers and mutual-fund companies, has set aside C$250

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