Jovian Capital Corp. reports it has completed the acquisition of an approximately 6% additional interest in BetaPro Management Inc. for a purchase price of $2,089,520. This transaction increases Jovian’s interest in BetaPro to 45%.
In addition, further to the announcement of April 1, Jovian says that the transaction to acquire an approximately 15% further interest in BetaPro is, subject to regulatory approvals, expected to close in mid-June.
BetaPro provides investment products to investors mainly in the form of exchange-traded funds.
Jovian completes acquisition of additional 6% of BetaPro
- By: IE Staff
- April 9, 2008 April 9, 2008
- 11:45