Stocks in play: Storagevault Canada Inc.
Has agreed to acquire four locations from four vendor groups for an aggregate purchase price of $75,685,000, subject to customary adjustments. Three of the Acquisitions are arm’s length and one for $45,000,000 is a related party acquisition with Access Self Storage Inc. as the Vendor for that Acquisition. It is anticipated that the Acquisitions will close before December 31, 2023. Storagevault Canada Inc. shares T.SVI are trading down $0.06 at $4.68.
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