Kingspan/Vicwest/Westeel -- summary under Asset sale funding purchase
Acquisition by Kingspan subsidiary of Vicwest shares with loan proceeds from AG Growth company, s. 88(1)(d) bump of Newco subsidiary shares of Vicwest and repayment of loan with transfer of Newco shares
Overview
In order to accomplish (under an OBCA Plan of Arrangement) a sale of a storage business (the Westeel Business) of Vicwest to the Westeel...