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BRIEF-Mubadala Capital To Take CI Financial Private Via Premium, All-Cash Offer
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BRIEF-Mubadala Capital To Take CI Financial Private Via Premium, All-Cash Offer
Nov 25, 2024 6:36 AM

Nov 25 (Reuters) - CI Financial Corp ( CIXXF ):

* MUBADALA CAPITAL TO TAKE CI FINANCIAL PRIVATE VIA PREMIUM,

ALL-CASH OFFER

* CI FINANCIAL CORP ( CIXXF ) - SHAREHOLDERS TO RECEIVE $32.00 PER

SHARE IN

CASH

* CI FINANCIAL CORP ( CIXXF ) - OFFER VALUES CI'S EQUITY AT $4.7

BILLION

* CI FINANCIAL CORP ( CIXXF ) - DEAL IMPLIES ENTERPRISE VALUE OF $12.1

BILLION

* CI FINANCIAL CORP ( CIXXF ) - KURT MACALPINE TO CONTINUE AS CEO OF

CI

* CI FINANCIAL CORP ( CIXXF ) - TO PAY $150 MILLION TERMINATION FEE IN

CERTAIN CIRCUMSTANCES

* CI FINANCIAL CORP ( CIXXF ) - MUBADALA CAPITAL TO PAY $225 MILLION

REVERSE

TERMINATION FEE IN SOME CIRCUMSTANCES

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