Power Financial Corporation

Power Financial Corporation

January 04, 2007 17:13 ET

Power Financial Corporation: Announcement

MONTREAL, QUEBEC--(CCNMatthews - Jan. 4, 2007) - As a result of recent media speculation and following discussion with the Toronto Stock Exchange (TSX), Power Financial Corporation (TSX:PWF) today confirms that it is participating in the process undertaken by Marsh & McLennan Companies, Inc. with respect to its interest in Putnam Investments. At this time, no agreement has been reached by the participants in the process.

Contact Information

  • Power Financial Corporation
    Edward Johnson
    Senior Vice-President, General
    Counsel and Secretary