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Dominion Lending Centres Completes Sale of 52% Stake in Impact Communications for $3.71 Million
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Dominion Lending Centres Completes Sale of 52% Stake in Impact Communications for $3.71 Million
Apr 26, 2024 5:11 AM

07:47 AM EDT, 04/26/2024 (MT Newswires) -- Dominion Lending Centres ( BRLGF ) overnight Thursday said it has completed the sale of its 52% stake in Cape Communications International to a group of Impact's managers for $3.71 million.

Dominion will use the sale proceeds to fully repay its junior term facility.

Impact was the last remaining asset from Dominion's former investment business.

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