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CVG Clairvest News Story

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Brief: Clairvest Group Q1 loss per share C$0.76

Aug 14 (Reuters) - Clairvest Group Inc  CVG.TO  
    * Clairvest reports fiscal 2018 first quarter results 
    * Q1 loss per share C$0.76 
    * Clairvest Group Inc - June 30, 2017 book value was $533.1 
million or $35.09 per share versus $36.21 per share at March 31, 
2017 
    * Clairvest Group - at June 30, 2017, co determined there 
has been negative impact on fair value of Ace2Three investment 
    * Clairvest Group - has reduced fair value of its equity 
investment in Ace2Three to 50 percent of its cost, or an 
unrealized loss of $15.8 million on pre-tax basis 
 
Source text for Eikon:  ID:nGNXODBGXa  
Further company coverage:  CVG.TO  
 
 ((Bangalore.newsroom@thomsonreuters.com; ;))

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