A Montreal-based diversified international management and holding company, Power Corporation of Canada has interests in premier companies in the financial services, communications and other business sectors in North America, Europe and Asia. Through its subsidiary Power Financial Corporation, the organisation has majority stakes in life and health insurer Great-West Lifeco and in IGM Financial whose subsidiaries provide asset management and financial advisory services. It has substantial holdings in the Pargesa group, with interests in large industrial companies based in Europe including Lafarge, Imerys, Total, GDF Suez, Suez Environment, and Pernod Ricard, and also has developed diversified interests in China.