Brief: Atlas Engineered Products Announces Letter Of Intent For British Columbia Acquisition

Atlas Engineered Products

24/11/2021 14:02

Nov 24 (Reuters) - Atlas Engineered Products Ltd  AEP.V :
    * ATLAS ENGINEERED PRODUCTS ANNOUNCES LETTER OF INTENT FOR
BRITISH
COLUMBIA ACQUISITION
    * ATLAS ENGINEERED PRODUCTS LTD - ENTERED INTO NON-BINDING
LOI
WITH SHAREHOLDERS OF TRUSS MANUFACTURING COMPANY LOCATED IN
BRITISH COLUMBIA, CANADA
    * ATLAS ENGINEERED PRODUCTS LTD - ENTERED INTO NON-BINDING
LOI TO
ACQUIRE ALL SHARES OF TRUSS MANUFACTURING COMPANY LOCATED IN
BRITISH COLUMBIA, CANADA
    * ATLAS ENGINEERED - INTENDS TO ACQUIRE SHARES OF TRUSS
MANUFACTURING FOR PROPOSED PURCHASE PRICE OF $5.8 MILLION IN
CASH, PLUS WORKING CAPITAL ADJUSTMENT
    * ATLAS ENGINEERED PRODUCTS LTD - INTENDS TO ACQUIRE LAND
AND
BUILDINGS ON WHICH TARGET'S FACILITIES ARE LOCATED FOR AN
ESTIMATED PRICE OF $2.7 MILLION

Source text for Eikon:  ID:nCNWDF6Rta 
Further company coverage:  AEP.V 

 ((Reuters.Briefs@thomsonreuters.com;))