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EFH Holdings Inc. Announces Closing of Private Placement and the Acquisition of the Remaining Shares, Not Already Owned By EFH Holdings Inc., in The Insurance Company of Prince Edward Island


EFH Holdings Inc. Announces Closing of Private Placement and the Acquisition of the Remaining Shares, Not Already Owned By EFH Holdings Inc., in The Insurance Company of Prince Edward Island
(TSXV: EFH) (the
Company or
EFH ) is pleased to announce that it has closed its previously announced transaction with Cooke Holdings Inc. (
Cooke ) for the acquisition of the remaining 25% ownership of The Insurance Company of Prince Edward Island (
ICPEI ) that the Company did not own (the
Acquisition ).
Serge Lavoie, CEO for both EFH and ICPEI, said, We are pleased with the transaction and we will continue to focus on growing ICPEI profitably in the coming years. ....

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