Brief: Clairvest Announces Sale Of Wellington Financial

Clairvest

08/01/2018 13:07

Jan 8 (Reuters) - Clairvest Group Inc  CVG.TO : 
    * CLAIRVEST ANNOUNCES SALE OF WELLINGTON FINANCIAL 
    * CLAIRVEST GROUP INC - HAS SOLD ITS INTEREST IN WELLINGTON 
FINANCIAL'S G.P. AND LOAN ASSETS OF WELLINGTON FINANCIAL FUND V 
L.P. TO CIBC 
    * CLAIRVEST GROUP-SALE TO INCREASE BOOK VALUE BY ABOUT 
$1.15/SHARE 
CALCULATED ON FAIR VALUE OF CO'S INVESTMENT IN WELLINGTON 
FINANCIAL AS AT SEPT 30 
 
Source text for Eikon:  ID:nGNXOLOSLa  
Further company coverage:  CVG.TO  
 
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