Brief: Kingsway Signs $7.9 Million Definitive Purchase Agreement To Acquire National Institute Of Clinical Research

Kingsway

23/10/2023 14:21

Oct 23 (Reuters) - Kingsway Financial Services Inc
 KFS.N :
    * KINGSWAY FINANCIAL SERVICES INC -  KINGSWAY SIGNS $7.9
MILLION
DEFINITIVE PURCHASE AGREEMENT TO ACQUIRE NATIONAL INSTITUTE OF
CLINICAL RESEARCH, INC.
    * KINGSWAY FINANCIAL SERVICES INC - SIGNING OF A DEFINITIVE
AGREEMENT TO PURCHASE 95% OF SHARES OF NATIONAL INSTITUTE OF
CLINICAL RESEARCH, INC
    * KINGSWAY FINANCIAL SERVICES INC - TRANSACTION IS EXPECTED
TO
CLOSE IN Q1 OF 2024
    * KINGSWAY FINANCIAL SERVICES INC: EXPECTS TO FUND PURCHASE
PRICE
WITH A MIX OF CASH ON HAND AND THIRD-PARTY FINANCING


Further company coverage:  KFS.N 

 ((Reuters.Briefs@thomsonreuters.com;))