The Western Investment Company of Canada Ltd (TSE:WI) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The Western Investment Company of Canada has completed its acquisition of Fortress Insurance Company, marking a strategic shift towards becoming an insurance-focused investment holding company. The transaction involved acquiring all remaining shares for $3 million, with the total acquisition valued at $13 million. This move is pending final approval from the TSX Venture Exchange.
For further insights into TSE:WI stock, check out TipRanks’ Stock Analysis page.