Brief: Mount Logan Capital Inc - To Combine With 180 Degree Capital In All-Stock Deal
17/01/2025 11:22
Jan 17 (Reuters) - Mount Logan Capital Inc MLC.NLB :
* TO COMBINE WITH 180 DEGREE CAPITAL IN ALL-STOCK DEAL
* SHAREHOLDERS TO RECEIVE OWNERSHIP BASED ON $67.4 MILLION
EQUITY
VALUE
* DEAL VALUED AT $113.6 MILLION PRO FORMA EQUITY VALUE AT
CLOSING
* NEW ENTITY TO OPERATE AS MOUNT LOGAN CAPITAL INC. ON
NASDAQ
Source text: ID:nGNX3Mtdd8
Further company coverage: MLC.NLB
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