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Private Equity

Clairvest Hikes Up Majority Stake In Discovery Air

by pehub.com posted 1year ago 2361 views
Canadian mid-market private equity firm Clairvest Group has acquired additional shares in Discovery Air Inc, a specialty aviation and logistics company headquartered in Etobicoke, Ontario. According to terms of the transaction, Clairvest purchased over four million shares in Discovery Air at $0.20 per share, increasing its majority stake to about 81 percent.