Comvest Partners’ Private Credit Business to be Acquired by Manulife

What are the potential competitive responses from other asset managers in the private credit space? How will the acquisition affect MFC's share price in the short term? How will the acquisition influence MFC's exposure to credit market cycles and default risk? What is the expected accretion/dilution to MFC's earnings per share from the deal? How does the purchase price compare to recent valuations of similar private credit firms? How might this deal impact MFC's dividend policy or share buyback plans? What is the timeline for regulatory approvals and closing of the acquisition? Will the acquisition lead to any changes in the management structure or key personnel at MFC? Will the transaction require additional capital raises or affect MFC's leverage ratios? What synergies and cost savings does Manulife anticipate from integrating Comvest Partners’ private credit business?