SECURE Energy Services Inc. and Tervita Corporation Announce Receipt of Final Court Order Approving the Arrangement
CNW Group
SECURE Energy Services Inc. ("SECURE") (TSX: SES) and Tervita Corporation ("Tervita") (TSX: TEV) are pleased to announce that the final order from the Court of Queen's Bench of Alberta in respect of the proposed acquisition by SECURE of all the issued and outstanding common shares of Tervita by way of a plan of arrangement under the Business Corporations Act (Alberta) (the "Arrangement"), as previously announced on March 9, 2021, has been obtained.
As previously announced, the Arrangement was approved at each of the special meetings of the holders of SECURE common shares and holders of Tervita common shares, options to purchase common shares, restricted share units and performance share units held on June 15, 2021.
The completion of the Arrangement remains subject to the receipt of all necessary regulatory approvals and the remaining customary closing conditions being satisfied or waived as set out in the Joint Management Information Circular of SECURE and Tervita dated May 6, 2021, and the Arrangement Agreement referred to therein.