Life & Banc Split Corp (TSE:LBS) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Life & Banc Split Corp. has announced a successful overnight offering of class A and preferred shares, expecting to raise about $27.9 million. The offering, which includes an over-allotment option, is set to close around April 25, 2024. The funds raised will be invested in a portfolio of common shares from the top Canadian banks and life insurance companies.
For further insights into TSE:LBS stock, check out TipRanks’ Stock Analysis page.
