Clearford Water Systems to acquire ASI Water assets

Clearford Water Systems has entered into a purchase agreement to acquire the water and wastewater assets of ASI Group Ltd for $5 million in cash and $1 million in preferred shares.

“The acquisition of ASI Water is a major step forward for Clearford in delivering on our long-term strategy of becoming a water utility.”waterworld.com

• 2 sources
• waterworld.comClearford Water Systems to Acquire ASI Water | WaterWorldMay 9, 2019
• newswire.caClearford Announces Closing of Purchase of ASI Water, Advancing Business Plan to Transition into a Water UtilityClearford Water Systems Inc.May 15, 2019

Summarized from public sources; check the original articles before acting on it.