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Intertape Polymer(ITP-T)

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Intertape Polymer Group Announces Receipt of the Investment Canada Approval, Intended Closing Date of Arrangement and Dividend Payment Date

Globe Newswire - Fri Jun 24, 8:00AM CDT

MONTREAL and SARASOTA, Fla., June 24, 2022 (GLOBE NEWSWIRE) -- Intertape Polymer Group Inc. (TSX: ITP) (“IPG” or the “Company”) is pleased to announce the receipt of the approval under the Investment Canada Act in respect of the previously announced acquisition of the Company by an affiliate of Clearlake Capital Group, L.P. (the “Purchaser”) for CDN$40.50 per share by way of a plan of arrangement in accordance with Section 192 of the Canada Business Corporations Act (the “Arrangement”).


Provided Content: Content provided by Globe Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.