WINNIPEG (Dow Jones) -- CWB, formerly known as the Canadian Wheat Board, has acquired 2,394 Class C shares (PWT Shares) of Prairie West Terminal Ltd (PWT), a farmer-owned grain handling facility in west central Saskatchewan, the CWB announced in a press release Jan. 16.
The shares amount to 10.02% of the issued and outstanding PWT shares. CWB's wholly owned subsidiary Mission Terminal Inc. also owns 500 PWT shares, taking the CWB's total position to 12.11% of the issued and outstanding PWT shares, according to the release.
The PWT Shares were acquired by CWB pursuant to a private agreement.
"CWB has ...