Brief: Consolidated Water Acquires Remaining 49% Interest In Aerex Industries

Consolidated Water Co

29/01/2020 14:18

Consolidated Water Co Ltd  CWCO.O :
    * CONSOLIDATED WATER ACQUIRES REMAINING 49% INTEREST IN
AEREX
INDUSTRIES
    * CONSOLIDATED WATER CO LTD - DEAL FOR $8.5 MILLION
    * CONSOLIDATED WATER CO LTD - AS A RESULT OF TRANSACTION, ON
JANUARY 24, 2020, CONSOLIDATED WATER BECAME 100% OWNER OF AEREX
    * CONSOLIDATED WATER CO LTD - HAS EXERCISED ITS OPTION TO
PURCHASE, THROUGH ITS UNIT, REMAINING 49% INTEREST IN ITS
SUBSIDIARY, AEREX INDUSTRIES
    * CONSOLIDATED WATER CO LTD - FOLLOWING CO'S RECENT EXERCISE
OF
ITS OPTION AND CLOSE OF TRANSACTION, DONNICK STEPPED DOWN AS
PRESIDENT OF AEREX
    * CONSOLIDATED WATER CO LTD - JASON CARLSON HAS BEEN
PROMOTED FROM
VICE PRESIDENT TO PRESIDENT OF AEREX

Source text for Eikon:  ID:nPn8lM5p5a 
Further company coverage:  CWCO.O