Acquisition | CONVERGE TECHNOLOGY SOLUTIONS | 22nd April 2025
Initially announced on February 7, 2025 H.I.G. Capital made a cash offer for CONVERGE TECHNOLOGY SOLUTIONS of CAD 6 per CONVERGE TECHNOLOGY SOLUTIONS share held. CONVERGE TECHNOLOGY SOLUTIONS shareholders approved the Acquisition on April 10, 2025. Pending the completion of customary closing conditions, the Acquisition is expected to be completed on April 22, 2025.
The treatment below will be applied to the following indices:
- CONVERGE TECHNOLOGY SOLUTIONS will be removed from the Index.
- The weight of CONVERGE TECHNOLOGY SOLUTIONS (CTS.TO) based on its last close price will be distributed pro rata to remaining Index constituents.
- Effective Date (open): 22/04/2025
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