The latest update is out from Buhler Industries ( (TSE:BUI) ).
Buhler Industries has entered into an Amalgamation Agreement with ASKO Sinai ve Teknoloji Üretim Sanayi Ticaret Anonim Şirketi to go private, a move facilitated by ASKO’s ownership of a significant majority of Buhler’s shares. This deal will see Buhler amalgamated into a private entity owned by ASKO, with minority shareholders being compensated financially. The company’s board, advised by a special committee and PwC, has deemed the terms fair and recommended shareholders approve the transaction. A special meeting is scheduled for March 28, 2025, to finalize the approval process.
More about Buhler Industries
Buhler Industries Inc. is a company operating in the manufacturing industry, primarily focusing on agricultural equipment. It is publicly traded on the Toronto Stock Exchange under the symbol TSX:BUI, indicating its involvement in providing essential machinery products for the agricultural sector.
YTD Price Performance: 7.94%
Average Trading Volume: 2,350
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$85M
Learn more about BUI stock on TipRanks’ Stock Analysis page.