Supremex nixes going private discussions with Clarke
Supremex Inc. (TSX: SXP), a Montréal-based manufacturer and marketer of a range of stock and custom envelopes and related products, has terminated discussions with its principal shareholder Clarke Inc. about a possible going private transaction. Under the terms of the previously announced proposal, Clarke would have acquired all additional company shares for a purchase price of C$1.20 per share, or around $19 million in total. The Halifax, Nova Scotia-based Clarke is an investor in private and public businesses.
15 August 2013•2 mins read
