09:54 AM EST - Savaria Corporation : Has closed its previously announced acquisition of all of the issued and outstanding shares of Garaventa Accessibility AG for a total purchase price of CHF 74 million (or $100 million Canadian), subject to customary post-closing adjustments. The combination of Savaria and Garaventa Lift will create an industry leader with a global foot print, a broad distribution network and one of the most comprehensive portfolios of accessibility products in the market today. Savaria Corporation
shares T.SIS are trading up $0.23 at $18.73.
