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Announced

Conduit Capital to merge with Legal Shield in a $712m deal.

Synopsis

Conduit Capital, an investment holding company, agreed to merge with Legal Shield, a provider of legal services, in a $712m deal. Conduit Capital announce the acquisition of Legal Shield by way of a reverse merger into Conduit. Through the transaction, LSH will become the majority shareholder of Conduit “The transaction represents a pivotal point in the evolution of Conduit. It allows for Constantia, our insurance business, to access significant capital to grow under the leadership and guidance of entrepreneurs with an outstanding track record," Sean Riskowitz, Conduit CEO.

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