Brief: Transcontinental Enters Into Agreement To Sell Its Packaging Business
Dec 8 (Reuters) - Transcontinental Inc TCLa.TO: TRANSCONTINENTAL INC. ENTERS INTO AGREEMENT TO SELL ITS PACKAGING BUSINESS TRANSCONTINENTAL INC - DEAL IMPLIES ENTERPRISE VALUE OF $2.22 BILLION, PAYABLE $2.10 BILLION TRANSCONTINENTAL INC - EXPECTS CASH DISTRIBUTION OF $20.00 PER SHARE PER SHARE TRANSCONTINENTAL INC - ENTERS STOCK PURCHASE AGREEMENT WITH PROAMPAC TRANSCONTINENTAL INC: ALL AMOUNTS IN CANADIAN DOLLARS Source text: ID:nGNX54RWJB Further company coverage: [TCLa.TO] ((Reuters.Briefs@thomsonreuters.com;))
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