They may tell you that the information is needed for so-called up-front fees or payment for job training or other work materials. Their goal is to get you to share your bank account, credit card or other personal or financial information. Some fraudsters may also reach out to you unsolicited via text, phone call, Skype or other means. The false jobs are advertised through various means, including newspapers, magazines, fake websites and legitimate recruitment websites.
Scotiabank acted as an independent financial advisor to Dialogue's strategic committee.There are a number of ongoing job scams in which fraudulent people pose as employees of companies like Sun Life and falsely offer jobs. National Bank Financial acted as the exclusive financial advisor to Dialogue and the financial advisor to its strategic committee. RBC Capital Markets acted as financial advisor to Sun Life for the transaction, and Torys LLP served as legal counsel to Sun Life.
The deal will be funded via cash and is expected to close in 2023, upon satisfying closing conditions.ĭialogue's founding shareholders, Cherif Habib and Alexis Smirnov, will roll over a portion of their equity and remain in their current roles while the business continues to run as a separate division of Sun Life Canada, with its headquarters remaining in Montréal, Québec.ĭialogue would pay a termination fee of $12 million to Sun Life if it terminates the agreement to accept a superior proposal or if the deal is called off under certain other circumstances.
Sun Life said it will pay C$5.15 per common share to buy out Dialogue, after which Dialogue shareholders will own about 3% interest and Sun Life will own the remaining majority stake. Canadian life insurance firm Sun Life Financial ( NYSE: SLF) will purchase virtual health and wellness platform Dialogue Health Technologies ( TSX: CARE:CA) for a total equity value of C$365 million, the companies said Wednesday.
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