Sun Life To Sell MFS Investment Management

Toronto based insurer Sun Life Financial Inc. said Monday that it has hired Morgan Stanley to advise it on a possible deal that could involve selling its Boston based fund manager, MFS Investment Management. Nothing is definite yet, but Reuters

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Toronto-based insurer Sun Life Financial Inc. said Monday that it has hired Morgan Stanley to advise it on a possible deal that could involve selling its Boston-based fund manager, MFS Investment Management. Nothing is definite yet, but Reuters reported that the deal might involve selling MFS for a stake in a larger company.

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