Wawanesa Insurance has bought High River's Western Financial for a reported three-quarters of a billion dollars ($775-Million)

Western Financial employs about 1,700 people, mainly in Western Canada, and will continue to operate independently under it's brand name.

Western Financial had been bought by Dejardins for $440 million back in 2010, and the Wawanesa buyout is part of a consolodation of the insurance industry according to market experts.

The deal is expected to close sometime this fall pending regulatory and other approvals.

More Local News

DiscoverWestman.com is Westman's only source for community news and information such as weather and classifieds.

Search the Biz Guide

Windmill Theatre Players Presents "Anne of Green Gables the Musical"

26 November 2017 1:30 pm

Highwood Memorial Centre





Foothills Toy Tower & Gift Wrapping Shop

01 December 2017 11:00 am - 21 December 2017 7:00 am

Emerson Lane Mall, High River





High River Legion,# 71 New Year's Eve Dinner and Dance

02 December 2017 5:30 pm - 31 December 2017 1:00 am

High River Legion, 25 Veteran's Way (8 AVE S E ), High River





Re-Brand Skills & Employment Initiative for Young Adults - OPEN HOUSE!!

13 December 2017 1:30 pm - 3:30 pm

TBA





Simple Supper

13 December 2017 5:30 pm

High River United Church





Nanton Community Christmas Concert

13 December 2017 7:00 pm

Nanton Community Memorial Centre, Nanton





O.F.F. Monthly Flick - It's A Wonderful Life

13 December 2017 9:00 pm

Okotoks Cinemas, Okotoks





Login