Post by
Detailoriented1 on Jan 15, 2024 10:02am
Accretive Buy in the Higher Margin Private Asset Space
https://stockhouse.com/news/press-releases/2024/01/15/agf-private-capital-inc-to-make-strategic-investment-in-kensington-capital
More than doubles their private assets and is accretive and it looks like they paid for it with cash.
Closing in Q2 so that means it should support earnings growth and a dividend increase for the balance of the year.
Nice move by management to snap them up.
GLTA