STRONGCO CORPORATION COMPLETES ARRANGEMENT WITH NORS S.A. MISSISSAUGA, Ontario, March 18, 2020 (GLOBE NEWSWIRE) -- Strongco Corporation (“Strongco”) (TSX:SQP) announced today that it has completed a previously announced court approved statutory plan of arrangement (the “Arrangement”) pursuant to which a wholly-owned subsidiary of Nors S.A. (“Nors”) acquired all of the issued and outstanding common shares of Strongco (“Strongco Shares”) for cash consideration of CAD$3.15 per Strongco Share, or CAD$42,120,914.85 in the aggregate. The Strongco Shares are expected to be delisted from the T...
Nors, S.A. to Acquire Strongco Corporation MISSISSAUGA, Ontario and PORTO, Portugal, Jan. 24, 2020 (GLOBE NEWSWIRE) -- Strongco Corporation (“Strongco”) (TSX:SQP) and Nors, S.A. (“Nors”) are pleased to announce that they have entered into a definitive arrangement agreement (the “Arrangement Agreement”) pursuant to which Nors will acquire Strongco (the “Proposed aTransaction”). Under the terms of the Arrangement Agreement, Nors, through a wholly-owned subsidiary, will acquire all of the outstanding equity of Strongco for CAD$3.15 per share in cash (the “Consideration”) and results in a ...
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