December 4, 2017 / 12:06 PM / 14 days ago

BRIEF-Napec Inc Announces Acquisition By Oaktree

Dec 4 (Reuters) - Napec Inc:

* NAPEC INC. ANNOUNCES ACQUISITION BY OAKTREE

* NAPEC INC - DEAL FOR $1.95 IN CASH PER SHARE

* NAPEC INC - DEAL FOR ‍TOTAL TRANSACTION VALUE OF APPROXIMATELY $320 MILLION, INCLUDING ASSUMPTION OF INDEBTEDNESS​

* NAPEC INC- TRANSACTION HAS BEEN UNANIMOUSLY APPROVED BY NAPEC‘S BOARD OF DIRECTORS

* NAPEC INC - ‍ENTERED INTO ARRANGEMENT AGREEMENT PURSUANT TO WHICH FUNDS MANAGED BY OAKTREE WILL ACQUIRE ALL OF ISSUED, OUTSTANDING COMMON SHARES OF CO​

* NAPEC INC - ‍ALL DOLLAR AMOUNTS ARE IN CANADIAN DOLLARS​ Source text for Eikon: Further company coverage:

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