LÉVIS, QC, May 2 /CNW Telbec/ - Desjardins Financial Group, Canada's
leading cooperative financial group, announced today that its offers to
acquire all issued and outstanding Series Three and Series Four First
Preferred Shares of Western Financial Group Inc. have expired, and that
it has taken up and accepted for payment the additional shares tendered
under those offers.
Altogether, Desjardins has announced that it has taken up and accepted
for payment 70,363 First Preferred Shares, Series Three, and 49,244
First Preferred Shares, Series Four, including those tendered on April
Desjardins will pay for the additional shares tendered under its
preferred shares offers on or around May 5, 2011.
About Desjardins Financial Group
Awarded the coveted title "Bank of the Year 2010 - Canada" by the UK
magazine The Banker, Desjardins Group is the leading cooperative financial group in Canada
and the sixth largest in the world, with assets of over $172 billion.
Drawing on the strength of its caisse network in Québec and Ontario,
and its subsidiaries across Canada, it offers a full range of financial
products and services to its 5.8 million members and clients.
Desjardins specializes in Wealth Management and Life and Health
Insurance, in Property and Casualty Insurance, in Personal Services, in
Business and Institutional Services. As one of the largest employers in
the country and one of Canada's 10 Most Admired Corporate CulturesTM of 2010, Desjardins is supported by the skills of its 42,500 employees
and the commitment of nearly 6,000 elected officers. For more
information, visit www.desjardins.com.
SOURCE DESJARDINS GROUP
For further information:
(for journalists only):
Director, Media Relations
Desjardins Financial Group
514 281-7229 - 1 866 866-7000, poste 7229