TSX:AGTPRA - Post by User
Comment by
VanChelseaon Apr 02, 2019 11:57am
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Post# 29570345
RE:When is the management buyout going to close?
RE:When is the management buyout going to close?The Q4 and FY2018 year-end report came out today. There is a paragraph affirming that they are on time with regards to closing:
"The process related to the Plan of Arrangement to privatize AGT is on pace after the affirmative shareholder vote of February 5, 2019 and court approval which was obtained on February 11, 2019. We are continuing to work through the conditions and requirements under the Plan of Arrangement. Necessary regulatory approvals have been received with the exception of South Africa which is underway. We are working through customary closing matters and expect the closing of the Transaction to be completed on or near the timelines as previously indicated," said Mr. Murad Al-Katib, President and CEO of AGT." https://www.newswire.ca/news-releases/agt-food-and-ingredients-inc-announces-fourth-quarter-and-year-end-2018-results-824571100.html