Great-West Lifeco to issue C$1 billion in shares
Great-West Lifeco Inc, Canada's second-largest life insurance company, said Tuesday that it plans to issue a total of C$1 billion in common shares to the public and to its controlling shareholder, Power Financial Corp.
Capital One Financial Corp said it would sell $1.25 billion of its common stock to pay for a portion of its acquisition of HSBC's US credit card business.