December 16, 2016 / 2:42 AM / 9 months ago

BRIEF-Chemtrade to buy Canexus for $1.65 cash per share

Dec 15 (Reuters) - Chemtrade Logistics Income Fund :

* Says arrangement values canexus at an enterprise value of approximately $900 million

* Indirect wholly-owned unit of fund entered into agreement to buy all shares of Canexus Corporation

* Says pursuant to arrangement, canexus shareholders will receive $1.65 in cash per common share

* Chemtrade enters into agreement to acquire Canexus for $1.65 cash per share in a board-supported plan of arrangement Source text for Eikon: Further company coverage:

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