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Chemtrade Logistics Income Fund (CHE_u.TO)

CHE_u.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Chemtrade announces receipt of regulatory approvals
Wednesday, 8 Mar 2017 06:21pm EST 

Chemtrade Logistics Income Fund : Chemtrade announces receipt of regulatory approvals . Chemtrade logistics income - Canadian Competition Bureau issued no-action letter under competition act in respect of acquisition of Canexus Corp .Anticipates completing transaction with canexus corp on march 10, 2017.  Full Article

Chemtrade Logistics Income Fund Q4 net earnings from cont ops $6.4 mln
Monday, 27 Feb 2017 05:00pm EST 

Chemtrade Logistics Income Fund : Chemtrade Logistics income fund reports operating results for full year 2016 and fourth quarter . Q4 revenue C$251.7 million .Chemtrade Logistics Income Fund - net earnings from continuing operations for Q4 were $6.4 million compared with net loss of $82.6 million last year.  Full Article

Canexus receives court approval of plan of arrangement with Chemtrade
Thursday, 9 Feb 2017 06:30pm EST 

Canexus Corp : Canexus receives court approval of plan of arrangement with Chemtrade .Canexus corp - 84.51% of Canexus common shares voted at meeting were in favour of a resolution approving arrangement.  Full Article

Chemtrade Logistics Income Fund announces C$400 mln bought deal financing
Monday, 9 Jan 2017 03:25pm EST 

Chemtrade Logistics Income Fund : Chemtrade logistics income fund announces C$400 million bought deal financing . As per financing agreement, underwriters have agreed to buy on a bought deal basis 21.8 million subscription receipts .Net proceeds of offering to be used to partially fund Chemtrade's previously announced acquisition of Canexus Corp.  Full Article

Canexus to be bought by Chemtrade for $1.65 per share
Thursday, 15 Dec 2016 09:06pm EST 

Canexus Corp : Says transaction is to be completed by way of a plan of arrangement under business corporations act (Alberta) . Says Canexus' board of directors unanimously determined that arrangement is in best interests of canexus . Longview Communications is Canexus' communications advisor. Kingsdale Shareholder Services is Canexus' strategic shareholder services advisor . Says deal arrangement reflects an enterprise value of approximately $900 million for canexus . Says board will recommend that Canexus shareholders vote in favour of arrangement .Canexus announces agreement to be acquired by Chemtrade for $1.65 per share.  Full Article

Chemtrade to buy Canexus for $1.65 cash per share
Thursday, 15 Dec 2016 09:00pm EST 

Chemtrade Logistics Income Fund : Says arrangement values canexus at an enterprise value of approximately $900 million . Indirect wholly-owned unit of fund entered into agreement to buy all shares of Canexus Corporation . Says pursuant to arrangement, canexus shareholders will receive $1.65 in cash per common share .Chemtrade enters into agreement to acquire Canexus for $1.65 cash per share in a board-supported plan of arrangement.  Full Article

Chemtrade announces offer to acquire Canexus for about $884 mln
Monday, 3 Oct 2016 07:00am EDT 

Chemtrade Logistics Income Fund : Chemtrade announces offer to acquire Canexus . Chemtrade to present offer directly to shareholders after Canexus board of directors "repeatedly refuses to engage" . Chemtrade to offer $1.50 in cash per Canexus common share. .Offer values Canexus at an enterprise value of approximately $884 million.  Full Article

Chemtrade Logistics Income Fund reports Q2 revenue C$304.2 mln
Thursday, 11 Aug 2016 05:00pm EDT 

Chemtrade Logistics Income Fund : Chemtrade Logistics Income Fund reports 2016 second quarter results .Q2 revenue C$304.2 million versus I/B/E/S view C$346.4 million.  Full Article

Chemtrade Logistics Income Fund Declares February Distribution
Thursday, 18 Feb 2016 09:30am EST 

Chemtrade Logistics Income Fund:declared a cash distribution of $0.10 per unit for the month of February 2016.payable on March 31, 2016 to unitholders of record at the close of business on February 29, 2016.  Full Article

Chemtrade Logistics Income Fund declares April distribution
Tuesday, 21 Apr 2015 09:30am EDT 

Chemtrade Logistics Income Fund:Declares a cash distribution of $0.10 per unit for the month of April 2015.Payable on May 29 to unitholders of record at the close of business on April 30.  Full Article

More From Around the Web

BRIEF-Chemtrade announces receipt of regulatory approvals

* Chemtrade logistics income - Canadian Competition Bureau issued no-action letter under competition act in respect of acquisition of Canexus Corp