Brief: Solar Alliance Signs Letter Of Intent To Acquire Canadian Solar Company
18/05/2023 12:01
May 18 (Reuters) - Solar Alliance Energy Inc SOLR.V :
* SOLAR ALLIANCE SIGNS LETTER OF INTENT TO ACQUIRE CANADIAN
SOLAR
COMPANY IN TRANSFORMATIVE TRANSACTION
* SOLAR ALLIANCE ENERGY INC - TRANSACTION IS EXPECTED TO BE
IMMEDIATELY ACCRETIVE TO SOLAR ALLIANCE
* SOLAR ALLIANCE ENERGY INC- UNDER LOI, TOTAL CONSIDERATION
TO BE
PAID BY COMPANY IN CONNECTION WITH TRANSACTION IS $6 MILLION
Source text for Eikon: ID:nGNX3WbhZ2
Further company coverage: SOLR.V
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