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BRIEF-Callidus Capital Announces Signing Of Agreement To Sell Commodity Business Of C&C Resources

Published 2018-12-03, 08:58 p/m
Updated 2018-12-03, 09:00 p/m
BRIEF-Callidus Capital Announces Signing Of Agreement To Sell Commodity Business Of C&C Resources

BRIEF-Callidus Capital Announces Signing Of Agreement To Sell Commodity Business Of C&C Resources

Dec 3 (Reuters) - Callidus Capital Corp CBL.TO :

* PRESS RELEASE - CALLIDUS CAPITAL ANNOUNCES SIGNING OF AGREEMENT TO SELL COMMODITY BUSINESS OF C&C RESOURCES IN SIGNIFICANT ALL-CASH TRANSACTION

* CALLIDUS CAPITAL - ENTERED AGREEMENT TO SELL COMMODITY DIVISION OF C&C RESOURCES INC FOR ALL-CASH CONSIDERATION OF APPROXIMATELY $100 MILLION

* CALLIDUS WILL REALIZE VAST MAJORITY OF CURRENT CARRYING VALUE FOR ALL OF ASSETS OF C&C

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