11:37 AM EST - Jovian Capital Corporation : announced that it has entered into a definitive agreement to sell Jovian's exchange traded fund business to Mirae Asset Global Investments Co., Ltd. The Agreement is conditional on the completion of a number of obligations by both parties up to, and including, the closing date. Closing of the transaction is anticipated to occur in approximately 120 days, and is subject to several conditions including, but not limited to, regulatory and contractual consents and approvals, both domestic and foreign. Jovian's portion of the purchase price is anticipated to be approximately $90 million. Jovian Capital Corporation
shares T.JOV are trading down $0.45 at $11.05.
