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HCI WILL BUY UP METTLE MINORITIES

Hoskens Consolidated Investments has agreed to buy the stock it doesn’t already own in financial services company Mettle for 37c a share from investors including Old Mutual Asset Managers. Old Mutual had agreed to sell its 21,6% stake, HCI said. Gavin O’Connor, a founder of Mettle and its managing director, would sell his 28,9% holding, as would remaining shareholders, HCI said.

Source: Citizen – Bloomberg