Brief: Airboss Strengthens North American Rubber Compounding Positioning Through Acquisition Of Ace Elastomer

Airboss of America

18/08/2021 21:53

Aug 18 (Reuters) - AirBoss of America Corp  BOS.TO :
    * AIRBOSS STRENGTHENS NORTH AMERICAN RUBBER COMPOUNDING
POSITIONING THROUGH ACQUISITION OF ACE ELASTOMER
    * AIRBOSS OF AMERICA CORP - HAS AGREED TO ACQUIRE 100%
OWNERSHIP
OF ACE ELASTOMER, INC
    * AIRBOSS OF AMERICA - PURSUANT TO AGREEMENT, AIRBOSS RUBBER
SOLUTIONS WILL ACQUIRE ACE FOR ABOUT US$42.5 MILLION, TO BE
SATISFIED IN CASH UPON CLOSING

Source text for Eikon:  ID:nGNX62clmS 
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