September 22, 2016 / 4:46 PM / in a year

BRIEF-Western Investment Company of Canada says signed LOI to purchase private Alberta based company

Sept 22 (Reuters) - Western Investment Company Of Canada Limited :

* Western Investment Company of Canada says along with reputable minority equity partners signed LOI to purchase a private Alberta based company

* Transaction is about $18 million and will be funded through an equity investment from Western & its partners

* Co will retain majority control of seller

* Transaction does not anticipate requiring an additional equity financing to be completed 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