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  5. TCN: Just a follow-up question on the takeover bid for TCN. [Tricon Residential Inc.]
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Q: Just a follow-up question on the takeover bid for TCN... I don't see any timing for when shareholders of TCN will receive their cash. Do you see any timing details?
Asked by Marc on January 19, 2024
5i Research Answer:

The deal requires several layers of government approval. More details will come with the offering circular, and no specific closing date was set. We would expect at least three months here.