The Montreal Exchange announced today that it plans to list its shares publicly next year, but will list its shares without an initial offering.“The listing should occur once the formal procedures have been completed, which should be in March or April 2007,” the exchange said in a news release.MX Canada’s oldest exchange and continues to […]
Offering raises $23.1 million
Syndicate co-led by Desjardins Securities Inc. and Jennings Capital
IPO raises over $13 million
Shares to yield 4.6% annually
Shares will carry an annual dividend of 5.1%
$300 million offering to close July 20
Shares expected to start trading Monday
Improved market conditions could push IPO market to new records, says PwC
Diversified portfolio includes the big six banks and the 10 biggest Canadian oil and gas companies