Kingspan/Vicwest/Westeel
(SEDAR filing: 24 December 2014) Circular of Vicwest Inc ("Vicwest") respecting its acquisition by 1924245 Ontario Inc. ("BP Purchaser"), a subsidiary of Kingspan Group Limited ("BP Purchaser Parent") and a sale of Vicwest subsidiaries to 8732833 Canada Inc. ("Westeel Purchaser"), a subsidiary of AG Growth International Inc. (‘Westeel Purchaser Parent") (1326 K). Goodmans.
Summaries
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...