Guardian Capital Secures Final Court Approval for $68.00 Share Buyout

UPDATE: Guardian Capital Group Limited has officially received the green light from the Ontario Superior Court of Justice for its significant corporate overhaul. The court’s final order, delivered today, approves the acquisition plan by Desjardins Global Asset Management Inc., a major player in the financial sector.

Under this $68.00 per share arrangement, Desjardins will acquire all issued Common shares and Class A shares of Guardian, excluding certain shares held by specific shareholders. This landmark decision follows an October 23, 2025 special meeting, where shareholders overwhelmingly endorsed the plan.

As the financial world watches closely, the implications of this acquisition are profound and timely. With the transaction slated to close in the first half of 2026, the approval marks a crucial step in reshaping Guardian’s future.

The arrangement is contingent on meeting several closing conditions, including necessary regulatory approvals under the Competition Act (Canada). Guardian has expressed confidence that these conditions will be satisfied, setting the stage for a transformative shift in their operational structure.

Guardian Capital, known for its robust asset management services, manages approximately C$164.1 billion in total client assets and boasts a proprietary investment portfolio valued at C$1.25 billion. This acquisition underscores Desjardins’ strategic move to expand its footprint in the investment management landscape.

“We are excited about the future that this acquisition brings both to our shareholders and our clients,” said a spokesperson from Guardian Capital. “The support from our shareholders has been overwhelming, and we are eager to move forward with Desjardins.”

Investors and market analysts are keenly aware of the potential changes this merger could bring. The anticipated closing of the arrangement will pave the way for new strategic initiatives that could reshape Guardian’s market offerings significantly.

Looking ahead, the focus will shift to the regulatory approval process, as stakeholders await further developments regarding the arrangement’s finalization. With market conditions fluctuating, this transaction could significantly impact investor sentiment and the broader financial landscape in Canada.

Stay tuned for further updates as this story develops. The implications of this acquisition reach beyond just financial figures, promising to influence the investment landscape in the months to come.