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Stock impact report

Westaim Completes Sale of Remaining Interest in Skyward Specialty

Skyward Specialty Insurance Group, Inc. (SKWD) 
Company Research Source: Business Wire
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. TORONTO--(BUSINESS WIRE)--The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) is pleased to announce that it has sold all of the remaining 1,919,639 common shares it held, through a wholly-owned subsidiary, in Skyward Specialty Insurance Group, Inc. (NASDAQ: SKWD). The net proceeds from such sale, less commissions, were approximately US$79.0 million.About WestaimWestaim is a Canadian investment company specializing in providing long-term capital to businesses operating primarily within the global financial services industry. The Company invests, directly and indirectly, through acquisitions, joint ventures and other arrangements, with the objective of providing its shareholders with capital appreciation and real wealth preservation. Westaim’s strategy is to pursue investment opportunities w Show less Read more
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