FARM BUSINESS NEWS
CWB Invests in Terminal
Thu Jan 16, 2014 12:26 PM CST

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 ...

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