Brief: Stella-Jones Signs Agreement To Purchase Wood Pole Manufacturing Business Of Texas Electric Cooperatives Inc
Sept 15 (Reuters) - Stella-Jones Inc SJ.TO :
* STELLA-JONES SIGNS AGREEMENT TO PURCHASE WOOD POLE
MANUFACTURING
BUSINESS OF TEXAS ELECTRIC COOPERATIVES, INC.
* STELLA-JONES INC - PROPOSED DEAL FOR FOR A TOTAL PURCHASE
PRICE
OF US$28M PLUS INVENTORIES OF APPROXIMATELY US$4M
* STELLA-JONES INC - INTENDS TO FINANCE TRANSACTION WITH ITS
EXISTING CREDIT FACILITIES
Source text for Eikon: ID:nGNX1fBZdy
Further company coverage: SJ.TO
((Reuters.Briefs@thomsonreuters.com;))
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