Aecon Group agrees to be acquired by Chinese CCCI

Aecon Group agrees to be acquired by Chinese CCCI

Aecon Group Inc. and CCCC International Holding Limited (CCCI) have entered into a definitive agreement under which CCCI will acquire all of the issued and outstanding common shares of Aecon for CAD20.37 (US$15.9) per share in cash, representing an enterprise value of CAD1.51 billion (US$1.18 billion).

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