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Flow Capital Announces Sale of LOGiQ Global Partners Business for $12.375 Million

Apr 16, 2019 - News Bites Canadian Markets
Mergers and Acquisitions

CANADIAN DAILY STOCK REPORT

Corporate Wire Date: 15 April 2019 11:23 EDT

ORIGINAL ANNOUNCEMENT [Text]

TORONTO, April 15, 2019 -- Flow Capital Corp. (TSXV: FW) ("Flow Capital") is pleased to announce the closing on April 12, 2019 of the sale of its LOGiQ Global Partners business to Ninepoint Financial Group Inc. ("Ninepoint") for total consideration of $12,375,000 (the "Transaction").

"The sale of the Global Partners business is an important milestone for Flow Capital", sa...