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CLR - Clearwater Seafoods Inc News Story

C$8.24 -0.0  -0.1%

Last Trade - 26/01/21

Sector
Consumer Defensives
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £297.5m
Position in Universe th / 2704

BUZZ-Clearwater Seafoods: Rises on $768.40 mln buyout deal

Tue 10th November, 2020 3:38pm
** Shares in Clearwater Seafoods Inc  CLR.TO  jump 13%
    ** Canadian food producer Premium Brands Holdings Corp
 PBH.TO  and a coalition of Mi'kmaq First Nations said late on
Monday they would buy CLR in a deal valued at about C$1
bln($768.40 mln), including debt  urn:newsml:reuters.com:*:nL4N2HV5R0
    ** CLR is one of the largest shellfish distributors in the
country
    ** Combined operations after deal expected to bring in more
than C$1.3 bln in annual sales



($1 = 1.3014 Canadian dollars)

 (Reporting by Noor Zainab Hussain in Bengaluru)
 ((noor.hussain@thomsonreuters.com; Within U.S. +1 646 223 8780;
Outside U.S. +91 80 6182 2663 or +91 80 3796 2663 ;))
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