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Intertape Polymer(ITP-T)

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Intertape Polymer Group Inc. Completes Going-Private Transaction

Globe Newswire - Tue Jun 28, 12:16PM CDT

MONTREAL, SARASOTA, Fla. and SANTA MONICA, Calif., June 28, 2022 (GLOBE NEWSWIRE) -- Intertape Polymer Group Inc. (TSX: ITP) (“IPG” or the “Company”) is pleased to announce that the acquisition of the Company by an affiliate of Clearlake Capital Group, L.P. (the “Purchaser”) by way of a plan of arrangement in accordance with Section 192 of the Canada Business Corporations Act (the “Arrangement”) was completed earlier today. Under the terms of the Arrangement, the Purchaser has acquired all of the outstanding shares of the Company for CDN$40.50 per share.


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