Environmental Waste International (TSE:EWS) has released an update.
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Environmental Waste International Inc. is set to become a private entity following a buyout agreement with Hydrotrux Group Ltd., offering a cash consideration for all outstanding shares. This move comes after a strategic review addressing the company’s liquidity issues and is aimed at securing the necessary capital for the development of its pilot plant, ensuring the company’s continued viability.
For further insights into TSE:EWS stock, check out TipRanks’ Stock Analysis page.
