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MXG — Maxim Power News Story

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Brief: Maxim Power Corp enters agreement to sell Comax France S.A.S.

Sept 13 (Reuters) - Maxim Power Corp:  
    * Maxim Power Corp enters agreement to sell Comax France 
S.A.S. 
    * Deal for EUR47 million 
    * Maxim Power Corp says Comax sale proceeds will be used to 
reduce net debt in Maxim's North American operations 
    * Deal includes assumption of EUR23 million of net debt 
resulting in sales proceeds of about EUR24 million 
 
Source text for Eikon:  ID:nMKW8xMLqa  
Further company coverage:  MXG.TO  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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