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Shawcor Ltd. acquired all issued and outstanding common shares of ZCL Composites Inc. for $10.00 per share in cash, closing the transaction on April 2, 2019.
Shawcor Ltd. announced it will acquire all shares of ZCL Composites Inc. for $10.00 per share, representing an aggregate equity value of approximately $308 million. The acquisition is expected to close early in the second quarter of 2019.