Farms.com Home   News

Ceres Global Ag Corp. Receives Final Order for Arrangement with Bartlett Grain Company

MINNEAPOLIS, MN, Ceres Global Ag Corp. ("Ceres" or the "Corporation") (TSX: CRP) announced today that the Ontario Superior Court of Justice (Commercial List) has issued a final order approving the previously announced statutory plan of arrangement pursuant to which 1001239530 Ontario Inc. (the "Purchaser"), a newly formed entity controlled by Bartlett Grain Company, LLC ("Bartlett"), will acquire all of the issued and outstanding common shares of Ceres (the "Shares") for a price of US $4.50 per Share, in cash (the "Transaction").

Subject to the satisfaction or waiver, where permitted, of the remaining conditions to closing contained in the arrangement agreement entered into among the Corporation, Bartlett and the Purchaser dated May 20, 2025, it is anticipated that the Transaction will be completed by the parties on or about July 7, 2025.

Click here to see more...

Trending Video

Weekly Forecast - Eric Hunt

Video: Weekly Forecast - Eric Hunt

We're finally seeing some spring precipitation around the state how are the soil moisture profiles looking after last week's showers? Nebraska Extension Ag Climatologist and "Market Journal" Chief Meteorologist Eric Hunt has the forecast.