CWB and Prairie West Terminal Ltd. (PWT) announced today that they have entered into an arrangement agreement whereby CWB (through a wholly-owned subsidiary) will acquire all of the issued and outstanding common shares of PWT, excluding shares owned by CWB and its affiliates (“PWT Shares”). The deal is worth just over $43 million, according to… Read more »
Tag: Prairie West Terminal
CWB Buys in to Prairie West Terminal
CWB today announced it has acquired a 10% stake (approximately) in Prairie West Terminal Ltd (PWT), a farmer-owned grain handling organization located in west central Saskatchewan. Including the shares owned by Mission Terminal Inc.,a wholly-owned subsidiary of CWB, this 10% buy-in brings total CWB ownership of PWT up to approximately 12% ownership. Financial details of… Read more »