Chemtrade Logistics acquires Canexus for $900 million

Chemtrade Logistics Income Fund struck a friendly all-cash deal to buy Canexus Corp. for $900 million including debt, after a previous hostile bid.

“Chemtrade and Canexus announced Thursday night a negotiated all-cash deal worth $900 million including debt, two months after Chemtrade launched a hostile takeover for the Calgary-based chemical manufacturing company on Oct. 4.”financialpost.com

• 1 source
• financialpost.comChemtrade strikes friendly $900 million deal with Canexus after hostile bid was spurned - Financial PostGeoffrey MorganDec 16, 2016

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