Life & Banc Split Corp. plans a 12-for-100 stock split for its Class A shares, effective June 25, 2026, pending Toronto Stock Exchange approval. This move follows the Fund's strong performance, with Class A shares delivering a 23.6% annual return over 10 years, outperforming major Canadian indices. Post-split, shareholders will receive regular monthly distributions targeted at $0.10 per share, increasing total payouts by about 12%. The Fund invests equally in major Canadian banks and life insurance companies, offering a distribution reinvestment plan to enhance compound growth.
KKR & Co. Inc. is spearheading a significant A$400 million financing deal for Ampol Limited, showcasing its strong global investment strategy and robust asset management. Despite Bank of Montreal lowering KKR's price target to $112 from $120, the fir...
Alterra IOS closed a $400 million refinancing deal led by Truist and KeyBank, using an equity pledge structure instead of traditional mortgages. The financing covers 99 industrial outdoor storage properties across 27 states, totaling 551 acres and 2....
