March 12 (Reuters) - LogiQ Asset Management Inc LGQ.TO :
* LOGIQ AND GRENVILLE TO COMBINE
* LOGIQ - TO BUY GRENVILLE ON BASIS OF 6.25 COMMON SHARES OF LOGIQ FOR EACH OUTSTANDING GRENVILLE SHARE
* LOGIQ ASSET MANAGEMENT INC - BOARD OF DIRECTORS OF LOGIQ HAS UNANIMOUSLY APPROVED TRANSACTION
* LOGIQ - EXISTING HOLDERS OF LOGIQ SHARES & GRENVILLE SHARES TO COLLECTIVELY OWN ABOUT 33% AND 67% OF COMBINED CO, RESPECTIVELY, POST DEAL
* LOGIQ ASSET MANAGEMENT INC - BOARD OF DIRECTORS OF GRENVILLE HAS UNANIMOUSLY APPROVED TRANSACTION