Truck News

News

COMPETITION WATCH: Canada Cartage Diversified Income Fund shareholders approve sale of company

TORONTO, Ont. -- Canada Cartage Diversified Income Funds unitholders have decided to sell the companys assets to ...


TORONTO, Ont. — Canada Cartage Diversified Income Funds unitholders have decided to sell the companys assets to Nautic Partners. Nautic Partners is a middle-market private equity firm with more than $1.8 billion of equity capital under management.

The closing of the transaction is anticipated to occur on or about July 6. The companys units are expected to be redeemed on or about July 6 in connection with the closing, after which Canada Cartage will cease to be a reporting issuer and will be wound up.


Truck News

Truck News

Truck News is Canada's leading trucking newspaper - news and information for trucking companies, owner/operators, truck drivers and logistics professionals working in the Canadian trucking industry.
All posts by

Print this page
Related Articles
TruckNews
TodaysTrucking


Have your say:

Your email address will not be published. Required fields are marked *

*