Brief: Chesswood Announces Merger Of Blue Chip Leasing Subsidiary With Vault Credit Corp

Chesswood

07/04/2021 23:18

April 7 (Reuters) - Chesswood Group Ltd  CHW.TO :
    * CHESSWOOD ANNOUNCES THE MERGER OF ITS BLUE CHIP LEASING
SUBSIDIARY WITH VAULT CREDIT CORPORATION
    * CHESSWOOD GROUP LTD -  MERGER OF BLUE CHIP AND VAULT IS
IMMEDIATELY ACCRETIVE TO EARNINGS
    * CHESSWOOD GROUP LTD -  COMBINED ENTITY WILL BE MANAGED BY
DANIEL
WITTLIN AND VAULT'S SENIOR MANAGEMENT TEAM
    * CHESSWOOD GROUP LTD - UNDER MERGER, SHARES OF BLUE CHIP
AND
SHARES OF CORP WHICH OWNS VAULT WILL BE ACQUIRED BY NEW HOLDING
CORP

Source text for Eikon:  ID:nCNWMNDJZa 
Further company coverage:  CHW.TO 

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