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English news

05-May-2016

OTMT extends CI Capital offer period for two additional weeks

OTMT [OTMT.CA] has extended the offer period for the acquisition of Commercial International Bank’s (CIB) [COMI.CA] investment arm, CI Capital for two additional weeks. This comes following a previous two-week extension which ended on 28 April. OTMT has been facing several regulatory obstacles preventing it from finalising the acquisition. (Company disclosure)

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