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Westaim Completes US$79-Million Sale of Remaining Interest in Skyward Specialty Insurance
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Westaim Completes US$79-Million Sale of Remaining Interest in Skyward Specialty Insurance
Sep 11, 2024 4:08 AM

05:02 PM EDT, 09/10/2024 (MT Newswires) -- Westaim ( WEDXF ) after trade Tuesday said it sold all its remaining 1.91-million shares in Skyward Specialty Insurance Group.

The investment-holding company said proceeds, less commissions, were approximately US$79 million.

Westaim's ( WEDXF ) remaining investments include significant interests in Arena and the Arena FINCOs.

The company's shares closed down $0.04 to $3.81 on the TSX Venture Exchange.

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