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Equity financing

Power Corporation of Canada / Wealthsimple

Lane
Equity financing
Announced
27 Oct 2025
Province
Quebec
Industry
Unclassified
Status
Announced
What the filing says
Power Corporation of Canada ("Power Corporation" or "Power") (TSX: POW ) announced today that it has agreed to subscribe, through its subsidiary Power Financial Corporation, for Class E Preferred Shares (the "Series E Shares") in the capital of Wealthsimple Financial Corp. ("Wealthsimple"), Canada's leading financial innovator, for an aggregate purchase price of $100 million, as part of a financing round of up to $750 million by Wealthsimple.
Source

The terms are in the subscriber edition

This transaction carries the consideration.

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