Brief: Kingsway Announces Acquisition Of Csuite Financial Partners

Kingsway

01/11/2022 21:57

Nov 1 (Reuters) - Kingsway Financial Services Inc
 KFS.N :
    * KINGSWAY ANNOUNCES ACQUISITION OF CSUITE FINANCIAL
PARTNERS
    * KINGSWAY FINANCIAL SERVICES INC - EXPECTED TO BE
IMMEDIATELY
ACCRETIVE
    * KINGSWAY FINANCIAL SERVICES INC - PURCHASE PRICE WAS $8.5
MILLION (SUBJECT TO CUSTOMARY ADJUSTMENTS) AT CLOSE
    * KINGSWAY FINANCIAL SERVICES INC - EXPECTS TO COMPLETE A
RECAPITALIZATION OF LOAN CURRENTLY IN PLACE AT RAVIX IN NEAR
FUTURE

Source text for Eikon:  ID:nCNWdG9hKa 
Further company coverage:  KFS.N 
 ((Reuters.Briefs@thomsonreuters.com;))