STEP Energy Services (TSE:STEP) has released an update.
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STEP Energy Services Ltd. has announced its shareholders will receive a 40.4% premium on their shares, priced at $5.00 each, under a new arrangement with ARC Energy Fund 8. This offer represents a significant gain compared to previous trading prices and has been unanimously recommended by a special committee of the board of directors.
For further insights into TSE:STEP stock, check out TipRanks’ Stock Analysis page.
