IFC-R.TO - INTACT FINANCIAL CORP SUB RECEI

Toronto - Toronto Delayed Price. Currency in CAD
136.60
0.00 (0.00%)
At close: 3:48PM EST
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Previous Close136.60
Open136.00
Bid136.06 x N/A
Ask136.41 x N/A
Day's Range135.88 - 136.84
52 Week Range135.88 - 136.84
Volume1,000
Avg. VolumeN/A
Market CapN/A
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • CNW Group

    Intact Financial Corporation completes acquisition of specialty insurer The Guarantee Company of North America and Frank Cowan Company Limited

    TORONTO , Dec. 2, 2019 /CNW/ - Intact Financial Corporation (IFC.TO) announced that it has today completed the acquisition (the "Acquisition") of The Guarantee Company of North America ("The Guarantee") and Frank Cowan Company Limited ("Frank Cowan"), having received all required regulatory approvals. "Closing this transaction represents meaningful progress on our strategic objectives," said Charles Brindamour , Chief Executive Officer, Intact Financial Corporation. The acquisition is expected to generate a return on capital above IFC's internal threshold and be immediately accretive to net operating income per share (NOIPS) with low single-digit NOIPS accretion within 24 months after close.