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CI Financial Corp closes secondary offering of shares

Tuesday, 17 Jun 2014 08:26am EDT 

CI Financial Corp:Closing of the previously announced secondary offering by The Bank of Nova Scotia of 72.0 million common shares of CI at a price of C$31.60 per share for gross proceeds received by Scotiabank of C$2,275,200,000.The underwriters also exercised their over-allotment option in full, resulting in the purchase of an additional 10.8 million common shares at the offering price and increasing the gross proceeds received by Scotiabank to C$2,616,480,000. 

Company Quote

9 Oct 2015