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News Breaks
05:36 EDTMFC
theflyonthewall.com: Manulife Financial files to sell $2.5B in common stock
Manulife Financial Corporation announced that it has agreed to issue common shares to a syndicate of underwriters for an aggregate price of $2,500,400,000 in a "bought deal" public offering in Canada. The purchase price of the shares under the public offering is $19.00 per share. The offering is expected to close on or about November 30, 2009, subject to satisfaction of customary closing conditions. :theflyonthewall.com



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