The Western Investment Company of Canada Ltd (TSE:WI) has released an update.
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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.