Brief: Pcas To Sell Its Canadian Subsidiary Pcas Canada Inc

Pcas SA

25/05/2023 06:39

May 25 (Reuters) - Pcas Sa  PCAS.PA :
    * PCAS TO SELL ITS CANADIAN SUBSIDIARY, PCAS CANADA INC., TO
DIC
CORPORATION
    * AN ENTERPRISE VALUE OF 88.2 MILLION EUROS HAS BEEN AGREED
FOR
PCAS CANADA INC.
    * THIS DECISION HAS BEEN MADE FOLLOWING RECEIPT OF AN OFFER
FROM
DIC CORPORATION FOR ACQUISITION OF CANADIAN SUBSIDIARY ANNOUNCED
ON MAY 2ND, 2023
    * THIS OFFER HAS BEEN ACCEPTED BY PCAS FOLLOWING
AUTHORIZATION OF
ITS BOARD OF DIRECTORS
    * EXECUTION OF RELATED AGREEMENTS BY PCAS AND DIC
CORPORATION AS
WELL AS CLOSING OF TRANSACTION WILL BE COMPLETED WITHIN COMING
DAYS.

Source text for Eikon:  ID:nGNEb1q3gY 
Further company coverage:  PCAS.PA 

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