Clarington Corp. – Investment Executive

Industrial Alliance to buy back shares after takeover of Clarington

noelja — Wed, 11 Jan 2006 15:30:00 +0000

Insurer takes up 444,250 additional Clarington shares

The post Industrial Alliance to buy back shares after takeover of Clarington appeared first on Investment Executive.

CI drops bid for Clarington

noelja — Mon, 12 Dec 2005 18:50:00 +0000

IA offer in the mail to shareholders

The post CI drops bid for Clarington appeared first on Investment Executive.

Clarington confirms support of Industrial Alliance’s increased offer

noelja — Tue, 06 Dec 2005 16:30:00 +0000

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 […]

The post Clarington confirms support of Industrial Alliance’s increased offer appeared first on Investment Executive.

Industrial Alliance bid for Clarington remains manageable, says DBRS

noelja — Mon, 05 Dec 2005 20:55:00 +0000

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

The post Industrial Alliance bid for Clarington remains manageable, says DBRS appeared first on Investment Executive.

Industrial Alliance hikes bid for Clarington

noelja — Mon, 05 Dec 2005 13:35:00 +0000

Increases offer to $15 per share

The post Industrial Alliance hikes bid for Clarington appeared first on Investment Executive.

Clarington says takeover bid from CI Fund is official

noelja — Wed, 30 Nov 2005 15:20:00 +0000

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 […]

The post Clarington says takeover bid from CI Fund is official appeared first on Investment Executive.

CI sweetens offer for Clarington

noelja — Mon, 28 Nov 2005 13:25:00 +0000

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

The post CI sweetens offer for Clarington appeared first on Investment Executive.

Clarington’s board clarifies position on bid from CI

noelja — Wed, 23 Nov 2005 15:40:00 +0000

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

The post Clarington’s board clarifies position on bid from CI appeared first on Investment Executive.

Industrial Alliance defends bid to keep Clarington funds intact

noelja — Mon, 21 Nov 2005 13:20:00 +0000

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

The post Industrial Alliance defends bid to keep Clarington funds intact appeared first on Investment Executive.

CI bid for Clarington is “real”, MacPhail says

noelja — Fri, 18 Nov 2005 15:30:00 +0000

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

The post CI bid for Clarington is “real”, MacPhail says appeared first on Investment Executive.