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Financial News

Mar 2020 Financial News

GraceKennedy Limited - Confirmation on the acquisition of Key Insurance

Mar 23, 2020

Following on its January 20 announcement of an offer to acquire Key Insurance Company Limited, GraceKennedy is announcing that following the Key Board’s review of the Offering Circular and a recommendation to shareholders to take up the offer, GraceKennedy was successful in its bid for the company. The offer closed on March 2, and GraceKennedy will own 65% of Key.


Source:
The Trinidad and Tobago Stock Exchange Limited
Monday 23rd March, 2020