TORONTO, Nov. 6, 2024 /CNW/ - BlueTriton Brands, Inc. and Primo Water Corp (TSX:PRMW.TO) (NYSE:PRMW) are combining in a merger of equals under a new brand with a name Primo Brands Corp (NYSE:PRMB). Current PRMW shareholders will receive 1 new share of PRMB for every share held. The transaction is expected to close November 11. SPDJI considers the new Primo Brands to be US domiciled. Primo Water Corp shares are expected to be delisted shortly after closing of the transaction. As a result, Primo Water Corp shares will be removed from the S&P/TSX Composite Index prior to the open of trading on Monday, November 11, 2024.
Read more at newswire.caS&P Dow Jones Indices Announces Changes to the S&P/TSX Composite Index
Newswire.ca -
Wed Nov 6, 2024
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