Brief: Maxim Power Corp enters agreement to sell maxim power (USA) to hull street energy
24/12/2016 24:28
Dec 23 (Reuters) - Maxim Power Corp MXG.TO
* Enters agreement to sell Maxim Power (USA), Inc. to hull
street energy
* Says net proceeds to maxim after accounting for debt and
transaction costs are anticipated to be $84 million
* Deal for an implied enterprise value of $106 million
inclusive of anticipated working capital
* Credit suisse is acting as financial advisor to maxim for
purposes of transaction
Source text for Eikon: ID:nCCN5V88QX
Further company coverage: MXG.TO
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