Home Capital Group Inc (HCG.TO) had interest from over 70 parties prior to agreeing to a new investment from billionaire Warren Buffett's Berkshire Hathaway Inc (BRKa.N), Home Capital director Alan Hibben said on Thursday.
"We had over 70 people under NDA (non-disclosure agreement) within the data site. They were not just Canadians, there were global players involved with that," Hibben told analysts on a conference call.
"Other proposals that we received were not as attractive to us with respect to the cost of the backstop," he added.