Staff
RF Capital Group Inc. has nominated new candidates for its board, the firm said in a release on Monday.
Vincent Duhamel, Jane Mowat and Sandy Riley will stand for election to the firm’s board at RF Capital’s annual shareholder meeting on May 26.
The nominations follow RF Capital’s rejection of a takeover bid from Canaccord Genuity Inc. in favour of capitalizing on growth opportunities.
“With the nomination of these highly sought-after director candidates, we have taken another important step toward supporting and advancing our bold and ambitious transformational growth agenda,” said Don Wright, chair of RF Capital’s board, in the release. “Core to this transformation is a highly engaged, majority independent and resolute board.”
IE Staff
RF Capital Group Inc. has nominated new candidates for its board, the firm said in a release on Monday.
Vincent Duhamel, Jane Mowat and Sandy Riley will stand for election to the firm’s board at RF Capital’s annual shareholder meeting on May 26.
The nominations follow RF Capital’s rejection of a takeover bid from Canaccord Genuity Inc. in favour of capitalizing on growth opportunities.
“With the nomination of these highly sought-after director candidates, we have taken another important step toward supporting and advancing our bold and ambitious transformational growth agenda,” said Don Wright, chair of RF Capital’s board, in the release. “Core to this transformation is a highly engaged, majority independent and resolute board.”
Winnipeg Free Press Save to Read Later
Only months after completing a complicated transaction to rebrand and restructure the wealth management firm that’s now called Richardson Wealth, the company is now the target of an unwanted takeover bid.
Only months after completing a complicated transaction to rebrand and restructure the wealth management firm that’s now called Richardson Wealth, the company is now the target of an unwanted takeover bid.
Canaccord Genuity Group Inc. has made a takeover offer for RF Capital Group the publicly traded parent company of Richardson Wealth that’s worth about $367 million.
Canaccord has its own wealth management business and acquiring Richardson Wealth would combine two of the largest independent wealth management businesses in Canada.
TORONTO Canaccord Genuity Group Inc. has made a takeover offer for RF Capital Group worth about $367 million, a move that would combine two of the largest independent wealth management businesses in Canada. The firm says RF Capital’s board dismissed the proposal earlier this month without reason and that representatives of Richardson Financial Group […]