Great-West Lifeco Inc (OTCPK:GWLOF.PFD)
$ 19.5 0 (0%) Market Cap: - Enterprise Value: 6.98 Bil PE Ratio: 12.85 PB Ratio: 1.62 GF Score: 56/100
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Great-West Lifeco Inc Subsidiary Empower Retirement LLC Announce Definitive Agreement to Acquire the Retirement Services Business of Massachusetts Mutual Life Insurance Co - Conference Call Transcript

Sep 08, 2020 / 01:00PM GMT
Release Date Price: $19.12
Operator

Thank you for standing by. This is the conference operator. Welcome to the Great-West Lifeco conference call.

I would now like to turn the conference over to Mr. Paul Mahon, President and CEO of Great-West Lifeco. Please go ahead.

Paul Anthony Mahon
Great-West Lifeco Inc. - President, CEO & Director

Thank you, Ariel, and good morning, everyone.

Today, I'm excited to announce that Great-West Lifeco's subsidiary, Empower Retirement, has entered into a definitive agreement to acquire the Retirement Services business of MassMutual.

Joining me on the call to discuss this exciting news is Ed Murphy, President and CEO of Empower Retirement; and Garry MacNicholas, Executive Vice President and Chief Financial Officer of Great-West Lifeco.

Please turn to Slide 2 of the presentation. Before we start, I'll draw your attention to our cautionary notes regarding forward-looking information and non-IFRS financial measures. These notes apply to today's discussion and the presentation materials. Also, please note that all financial

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