Power Corporation of Canada Value Stock - Dividend - Research Selection
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Description of the company
Power Corporation of Canada operates as a diversified international management and holding company with interests primarily in the financial services, sustainable and renewable energy, asset management, communications, and other business sectors in North America, Europe, and Asia. The company operates through Lifeco, IGM Financial, and Pargesa segments. It offers life, health, and reinsurance products and services, as well as retirement and investment, and asset management services; annuities, executive benefits, and mortgage products; wealth management products and services; institutional investment solutions; and pension and investment products. The company also manages and distributes mutual funds and other managed asset products; and offers investment advisory and related services. In addition, it owns La Presse, the French-language news media providing content on various platforms, such as digital, Website, and smartphones; generates renewable energy through solar and wind facilities; manufactures specification-grade LED lighting solutions; and operates equity investment funds, as well as provides healthcare services. Further, it holds interests in various sectors, such as specialty minerals; cement, aggregates, and concrete; inspection, verification, testing, and certification; sporting goods; wines and spirits; precious metals recycling; oil, gas, and chemical; disposable hygiene products; equipment supply and project management; and leisure parks. The company was founded in 1925 and is based in Montréal, Canada. Power Corporation of Canada is a subsidiary of Pansolo Holding Inc.