Brief: CWC Energy Services initiates review of strategic alternatives

CWC Energy Services

04/05/2017 13:03

May 4 (Reuters) - Cwc Energy Services Corp  CWC.V  
    * Cwc energy services corp. Initiates review of strategic 
alternatives 
    * Cwc energy services corp. Initiates review of strategic 
alternatives 
    * Cwc energy services- co has not established definitive 
timeline to complete its review, no decision on any particular 
alternative has been reached at this time 
    * Cwc energy services corp- special committee of company's 
board of directors has been established to oversee review of 
strategic alternatives 
    * Cwc energy-in light of improving oilfield activity, 
"opportunities" for consolidation, co initiated process to 
review strategic alternatives 
    * Cwc energy services corp - retained gmp firstenergy and 
cibc world markets inc. As its financial advisors 
    * Cwc energy services corp - special committee of company's 
board of directors has been established to oversee review of 
strategic alternatives 
    * Cwc energy services corp - strategic alternatives process 
has not been initiated as a result of receiving any transaction 
proposal 
    * Cwc-Strategic alternatives may include merger, 
combination, partnership, jv, sale of company or a portion of 
its assets among others 
 
Source text for Eikon:  ID:nCNWtzBG6a  
Further company coverage:  CWC.V  
 
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