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BRIEF-ECN Capital to sell canadian commercial and vendor finance assets
October 30, 2017 / 10:01 PM / 18 days ago

BRIEF-ECN Capital to sell canadian commercial and vendor finance assets

Oct 30 (Reuters) - ECN Capital Corp

* ECN capital corp - to sell canadian commercial and vendor​ finance assets for cash proceeds of approximately c$900 million​

* ECN capital to sell canadian commercial and vendor finance assets

* ECN capital-‍transaction will free up approximately c$180 million in equity capital for redeployment in furthering ongoing strategic plan​

* ECN capital - ‍ entered into definitive agreement with canadian western bank to sell all of co’s canadian commercial and vendor finance assets Source text for Eikon: Further company coverage:

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