Reuters logo
5 个月前
BRIEF-StorageVault enters agreement to acquire all shares of a private Canadian corporation for $396.6 mln
2017年3月22日 / 晚上6点28分 / 5 个月前

BRIEF-StorageVault enters agreement to acquire all shares of a private Canadian corporation for $396.6 mln

March 22 (Reuters) - StorageVault Canada Inc:

* StorageVault to acquire Canadian storage portfolio for $396.6 million and agrees to internalize management and acquire third party management business for $16 million

* Gross purchase price is payable by issuance of $20 million of common shares of StorageVault at deemed price of $1.70 per common share

* Has reached an agreement in principle with Access Results Management Services to internalize management of StorageVault's 50 stores

* Remainder of purchase price being paid with funds on hand, debt assumption and mortgage financing

* Purchase price for deal to internalize management, acquire third party management business is payable by issuance of $11 million shares of co

* Agreement also to acquire third party management contracts for over 55 stores from Access Results Management Services for $16 million Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below