Saskatchewan-based information services corporation ISC has been acquired by Toronto-based investment service company Plenary Americas in a $1.2 billion all-cash deal, with ISC maintaining its headquarters in Regina and continuing to operate as an independent provincial company; the transaction received unanimous board approval and is expected to close in the third quarter of this year.
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ISC sold in $1.2B deal to Plenary AmericasAdded:
Saskatchewan based information services corporation or ISC has been sold for about 1.2 billion dollars. Toronto based investment service company Planary Americas is set to take over the company in the all cash deal following unanimous approval by ISC's board of directors.
ISC will remain headquartered in Regina and continue to operate as an independent provincial company. The deal is expected to close sometime in quarter three of this year.
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