- What Frontenac’s board of directors will conduct a strategic review
- Why The process is aimed at maximising shareholder value
- What next The firm gave no definitive timeline on its review process
Frontenac Mortgage Investment has announced that the company will undertake a strategic review process to maximise value for its shareholders and stakeholders.
The company’s board of directors will consider selling some or all assets and winding down the portfolio, among other things.
No timeline was given for when the review would be completed, and the company doesn’t intend to provide updates on the process.
