Brief: Pason Systems Inc To Assume Net Debt Of Approximately $7.0 Million At Closing

Pason Systems

05/12/2023 22:39

Dec 6 (Reuters) - Pason Systems Inc  PSI.TO :
    * PASON ANNOUNCES INTENT TO PURCHASE OUTSTANDING SHARES OF
INTELLIGENT WELLHEAD SYSTEMS, INC.
    * PASON SYSTEMS INC - PROPOSED DEAL FOR TOTAL CONSIDERATION
OF
$88.3 MILLION
    * PASON SYSTEMS INC- WILL ALSO ASSUME NET DEBT OF
APPROXIMATELY
$7.0 MILLION AT CLOSING

Source text for Eikon:  ID:nCNWRksSpa 
Further company coverage:  PSI.TO 

 ((Reuters.Briefs@thomsonreuters.com))