RE:,,,,,,,,,,,,,,,,,,,,,,,,,,,Industry NEWS....................Good catch Red_Deer, concerning Superior Plus! As we know, they have been trying to sell their chemical business for quite awhile now. They also were initially the ones that where going to buy the Canexus assets, until that deal fell through and in the end, Chemtrade bought Canexus.
But I do not understand what they mean by the" private placement basis" in the NR?
Am I wrong to think that Brookfield is acting as a franchisee to some of Superior's assets?
Would it also be possible that Brookfield is looking at a much bigger stake later on, if they have to first jump through some regulatory hurdles?
Kherson