Reorganization

On December 13, 2019, Power Corporation of Canada and Power Financial Corporation announced a reorganization, simplified corporate structure, and refocused strategy. 

Below, you will find important information about the reorganization.

If you are a holder of Power Financial common shares and would like to vote your shares, click here.

News release announcing the reorganization Fact sheet – updated January 2020
Analyst call presentation - December 13, 2019

 

Non-IFRS Financial Measures and Presentation
 
The Meeting Materials include references to net asset value and net asset value per share, financial measures which are not in accordance with International Financial Reporting Standards ("IFRS"). Net asset value presents the fair value of the net assets of each respective company and is used to assist in assessing value, on a per share basis. These non-IFRS financial measures do not have a standard meaning and may not be comparable to similar measures used by other entities. Refer to the "Non-IFRS Measures and Presentation" section of PFC's and PCC's most recent Management's Discussion and Analysis for the definition of non-IFRS financial measures and reconciliation with IFRS financial measures.

 
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