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Crown Capital Partners Inc T.CRWN

Alternate Symbol(s):  T.CRWN.NT

Crown Capital Partners Inc. is a Canada-based company engaged in making strategic investments, provides investment management services and co-invests in certain of its managed funds. Its segments include Specialty finance, Network services, Distributed power, Real estate, Distribution services, and Corporate and other. Specialty finance segment includes investments in Crown Partners Fund and in corporate debt and equity securities. The Network services segment includes deployment and management of carrier-grade data networks to select underserved markets. The Distributed power segment includes origination and management of, and investment in, distributed power investments. The Real estate segment investment in, and development of, real estate development assets. The Distribution services segment includes provision of end-to-end integrated e-commerce fulfillment and distribution services. Corporate and other segment includes its credit reporting subsidiary, Lumbermens Credit Group Ltd.


TSX:CRWN - Post by User

Post by Betteryear2on Nov 09, 2021 6:14pm
202 Views
Post# 34107228

Intention to Commence Substantial Issuer Bid

Intention to Commence Substantial Issuer Bid

CALGARY, ABNov. 9, 2021 /CNW/ - Crown Capital Partners Inc. ("Crown" or the "Corporation") (TSX: CRWN), a capital partner to entrepreneurs and growth businesses, today announced its intention to commence a substantial issuer bid (the "Offer") pursuant to which the Corporation will offer to purchase for cancellation up to $10,000,000 in value of its outstanding common shares (the "Shares"). The Offer will proceed by way of a "modified Dutch auction" procedure with a tender price range from $6.50 to $7.50 per Share.

 
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