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CDPQ to sell 2,500,000 common shares of Intact Financial

Feb 18, 2025over 1 year ago

Contract Type

contract

MontrealManufacturingAutomotive

Description

CDPQ announced its intention to sell 2,500,000 common shares of Intact Financial Corporation, representing approximately 1.4% of the issued and outstanding common shares of Intact. The common shares are being sold at a gross price of $278.60 per share, with CDPQ expecting to receive gross cash proceeds of approximately $696,500,000 from the offering.

Company Information

Company

Lion Electric Company

Location

Montreal, Quebec, Canada

About

Lion Electric Company is a manufacturer of electric vehicles, particularly known for its electric school buses and trucks. The company faced financial difficulties and entered creditor protection. It aims to continue operations under new ownership.

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Agreement Insights

Based on industry data
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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.