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Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures T.CHE.DB.E

Alternate Symbol(s):  CGIFF | T.CHE.UN | T.CHE.DB.G | T.CHE.DB.H

Chemtrade Logistics Income Fund is a Canada-based company that operates a diversified business providing industrial chemicals and services to customers in North America and around the world. The Company's segments include Sulphur and Water Chemicals (SWC), and Electrochemicals (EC). SWC segment markets, removes and/or produces merchant, Regen and sulphuric acid, sodium hydrosulphite, elemental sulphur, liquid sulphur dioxide, hydrogen sulphide, sodium bisulphite, and sulphides, and provides other processing services. This segment also manufactures and markets a variety of inorganic coagulants used in water treatment, including aluminum sulphate, and a number of specialty chemicals, including sodium nitrite. EC segment manufactures and markets sodium chlorate and chlor-alkali products including caustic soda, chlorine and HCl, largely for the pulp and paper, oil and gas and water treatment industries. These products are marketed primarily to North American and South American customers.


TSX:CHE.DB.E - Post by User

Comment by quest13on Feb 13, 2020 2:10pm
93 Views
Post# 30687141

RE:RE:RE:RE:RE:RE:RE:Sooooo...Where are we?

RE:RE:RE:RE:RE:RE:RE:Sooooo...Where are we?I would like to bring out one of my thoughts on this matter.

I believe that at one point there was thinking that CHE got General Chemicals at a low price.

I tend to think that General Chemicals got their back up, during price negotiations, at the amount of the indemnity and probably agreed to a lower price for the business rather than agree to a larger indemnity.

If that was the case CHE would have figured they were getting a good price and would have agreed to the lower indemnity; particularly since their lawyers blessed the amount of the indemnity at the lower value.

Certainly with the advantage of hindsight CHE got very bad legal advice.
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