Aug 28 (Reuters) - Guardian Capital Group ( GRCGF ) has

agreed to be taken private by Desjardins Global Asset Management

in a C$1.67 billion ($1.21 billion) deal, the financial services

firm said on Thursday.

Desjardin will pay C$68 per share for all class A and common

shares of Guardian, representing a premium of 66% and 48% over

the last closing price of each share class.

Guardian provides investment management services to

institutional, retail and private clients, and manages C$164.1

billion worth of assets.

($1 = 1.3817 Canadian dollars)