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CVG Clairvest News Story

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Brief: Clairvest says there has been an adverse regulatory development with respect to its investment in Head InfoTech India

June 20 (Reuters) - Clairvest Group Inc  CVG.TO  
    * Clairvest group inc says there has been a material adverse 
regulatory development with respect to its investment in head 
infotech india pvt. Ltd 
    * Clairvest group inc - negative impact on value of 
clairvest's investment in head infotech from development is 
currently uncertain, potentially material 
    * Clairvest group inc - clairvest's exposure to investment 
in head infotech india, on a pre-tax basis, is $56 million 
 
Source text for Eikon:  ID:nMKWtlwRTa  
Further company coverage:  CVG.TO  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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