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Company: Clarington Corp.

18 results found

Insurer takes up 444,250 additional Clarington shares

  • By: IE Staff
  • January 11, 2006 January 11, 2006
  • 10:30

IA offer in the mail to shareholders

  • By: IE Staff
  • December 12, 2005 December 12, 2005
  • 13:50

The board of directors of Clarington Corp. today confirmed its support of the recently increased offer from Industrial Alliance Insurance and Financial Services Inc. to acquire all the outstanding common shares of Clarington for $15 per share.Industrial Alliance announced the mailing of a notice of variation to Clarington’s shareholders formally amending its offer to reflect […]

  • By: IE Staff
  • December 6, 2005 December 6, 2005
  • 11:30

Increased offer expected to have only a modest impact on leverage and solvency ratios

Increases offer to $15 per share

  • By: IE Staff
  • December 5, 2005 December 5, 2005
  • 08:35

The board of directors of Clarington Corp. today conceded that the bid for Clarington from CI Fund Management Inc. constitutes a “competing transaction”.The $285 million bid from CI tops one from Industrial Alliance Insurance and Financial Services Inc. worth $273 million.Clarington had argued that CI’s proposal had not achieved official status, without a formal mailing […]

  • By: IE Staff
  • November 30, 2005 November 30, 2005
  • 10:20

Waives demands for non-competition agreements with Clarington officers, directors

  • By: IE Staff
  • November 28, 2005 November 28, 2005
  • 08:25

CI offer is not a “competing transaction”, board says

  • By: IE Staff
  • November 23, 2005 November 23, 2005
  • 10:40

MERs for Clarington unitholders expected to drop over time, firm says

  • By: IE Staff
  • November 21, 2005 November 21, 2005
  • 08:20

Offer takes into consideration $7 million break fee Clarington obligated to pay Industrial Alliance

  • By: IE Staff
  • November 18, 2005 November 18, 2005
  • 10:30