Brief: Tree Island Advised By The Futura Corp And Arbutus Distributors Ltd Of Their Intention To Make An Unsolicited Proposal

Tree Island Steel

28/06/2019 13:05

June 28 (Reuters) - Tree Island Steel Ltd  TSL.TO :
    * TREE ISLAND ADVISED BY THE FUTURA CORPORATION AND ARBUTUS
DISTRIBUTORS LTD. OF THEIR INTENTION TO MAKE AN UNSOLICITED
PROPOSAL FOR ITS SHARES
    * TREE ISLAND  - APPOINTED A SPECIAL COMMITTEE; SPECIAL
COMMITTEE
WILL BE RETAINING A FINANCIAL ADVISOR TO PROVIDE AN INDEPENDENT
VALUATION, OTHERS
    * TREE ISLAND-BEEN ADVISED OF INTENTION OF FUTURA, ARBUTUS
TO MAKE
UNSOLICITED NON-BINDING PROPOSAL TO BUY SHARES OF CO FOR
$2.25/SHARE

Source text for Eikon:  ID:nGNX9wSQZv 
Further company coverage:  TSL.TO 

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