Brief: Supremex Announces Strategic Acquisition In The United States
Nov 1 (Reuters) - Supremex Inc SXP.TO :
* SUPREMEX ANNOUNCES STRATEGIC ACQUISITION IN THE UNITED
STATES
* SUPREMEX INC - ACQUISITION OF SUBSTANTIALLY ALL OF ASSETS
OF
ROYAL ENVELOPE CORPORATION
* SUPREMEX - TRANSACTION CONCLUDED FOR TOTAL CASH
CONSIDERATION OF
US$18.7 MILLION ON CASH-FREE,DEBT-FREE BASIS PLUS US$2.0 MILLION
FOR MANUFACTURING EQUIPMENT
Source text for Eikon: ID:nGNX5L1CLY
Further company coverage: SXP.TO
((Reuters.Briefs@thomsonreuters.com;))
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