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BRIEF-Hydrogenics Corporation Announces Arrangement Agreement With Cummins Inc.

Published 2019-06-28, 10:22 a/m
BRIEF-Hydrogenics Corporation Announces Arrangement Agreement With Cummins Inc.

Hydrogenics Corp HYG.TO :

* HYDROGENICS CORPORATION ANNOUNCES ARRANGEMENT AGREEMENT WITH CUMMINS INC.

* HYDROGENICS CORP - DEAL FOR US$15.00 IN CASH PER SHARE

* HYDROGENICS CORP - ATLANTIS ACQUISITIONCO AGREED TO ACQUIRE ALL OF OUTSTANDING COMMON SHARES OF COMPANY OTHER THAN SHARES OWNED BY HYDROGEN COMPANY

* HYDROGENICS CORP - HYDROGEN COMPANY HAS AGREED TO EXCHANGE ITS SHARES FOR SHARES OF PURCHASER

* HYDROGENICS CORP - PAYMENT BY COMPANY OF A US$8.9 MILLION TERMINATION FEE TO PURCHASER IF DEAL TERMINATED UNDER SOME REASONS

* HYDROGENICS CORP - BOARD AFTER RECEIVING UNANIMOUS RECOMMENDATION OF SPECIAL COMMITTEE, UNANIMOUSLY APPROVED THE DEAL

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