OMERS Participates in Private Placement in Equitable Group

Posted on 12/14/2016


On December 12, 2016, the Ontario Municipal Employees’ Retirement System (OMERS) participated in a private placement, investing up to C$ 50 million in Toronto-based Equitable Group Inc., which operates Equitable Bank. OMERS is acquiring 809,585 shares of Equitable Group at the price of C$ 61.76 per share, representing approximately 4.9% of the issued and outstanding […]