Madison Venture Corporation acquired an additional stake in Madison Pacific Properties Inc. (TSX:MPC) for CAD 8.44 million on August 4, 2022. Under the terms of the deal, Madison Venture acquired 163,500 Class B voting shares and 1,134,900 Class C non-voting shares at an offer per share of CAD 6.50 per share. After the transaction, Madison Venture owns 48.60799% stake in Madison Pacific.

Madison Venture Corporation completed the acquisition of an additional stake in Madison Pacific Properties Inc. (TSX:MPC) on August 4, 2022.