Mergers & Acquisitions
By The Online Investor Staff, updated Fri., Mar. 29, 6:23 AM
Slide #59. SolarBank Corporation — Solar Flow-Through Funds Ltd.
Acquirer: |
SolarBank Corporation (SUUNF) |
Acquiree: |
Solar Flow-Through Funds Ltd. |
Details: |
SolarBank Corporation (Cboe CA: SUNN) (OTC: SUUNF) (FSE: GY2) ("SolarBank" or the "Company") is pleased to announce today that it has entered into a definitive agreement (the "Agreement") with Solar Flow-Through Funds Ltd. ("SFF" or "Solar Flow-Through") to acquire all of the issued and outstanding common shares of SFF through a plan of arrangement for an aggregate consideration of up to $41.8 million in an all stock deal (the "Transaction"). The Transaction values SFF at up to $45 million but the consideration payable excludes the common shares of SFF currently held by SolarBank. |
SolarBank Corporation: SUUNF Solar Flow-Through Funds Ltd.: PRIVATE
Open the CLH Page at The Online Investor (in a new window) »
|
March 29, 2024 6:23 AM Eastern
Strong Buy (3.55 out of 4)
61st percentile
|
|