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TBL - Taiga Building Products News Story

C$1.16 0.0  1.8%

Last Trade - 14/02/20

Sector
Basic Materials
Size
Small Cap
Market Cap £75.5m
Enterprise Value £192.1m
Revenue £754.8m
Position in Universe 592nd / 2609

BRIEF-Taiga Announces Acquisition Of Exterior Wood Inc

Tue 3rd July, 2018 12:33pm
July 3 (Reuters) - Taiga Building Products Ltd  TBL.TO :
    * TAIGA ANNOUNCES ACQUISITION OF EXTERIOR WOOD, INC. AND
EXPANSION
OF WOOD TREATMENT BUSINESS
    * TAIGA BUILDING PRODUCTS LTD - TAIGA TO ACQUIRE ALL OF
ISSUED AND
OUTSTANDING COMMON SHARES OF EXTERIOR WOOD FOR A PURCHASE PRICE
OF US$42 MILLION
    * TAIGA BUILDING PRODUCTS LTD - ENTERED, THROUGH A WHOLLY
OWNED
SUBSIDIARY, INTO A SHARE PURCHASE AGREEMENT WITH EXTERIOR WOOD,
INC.
    * TAIGA BUILDING PRODUCTS LTD - ACQUISITION HAS BEEN
STRUCTURED TO
CLOSE ON A CASH FREE DEBT FREE BASIS
    * TAIGA BUILDING PRODUCTS LTD - TAIGA EXPECTS TO FINANCE
PURCHASE
PRICE PRIMARILY USING ITS SENIOR CREDIT FACILITY

Source text for Eikon:  ID:nCNWJqQpla 
Further company coverage:  TBL.TO 

 ((Reuters.Briefs@thomsonreuters.com;))
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