Lakeside Gets $75.2M Offer For All Shares

- Apr 20, 2019-

The proposed offer represents a nearly six-fold premium to Lakeside’s previous closing price of C7 cents per share on the Toronto Stock Exchange (TSX). It was not immediately clear Tuesday why the offer price might be so high.

The offer is subject to certain conditions, including the completion of due diligence by Jan. 9 and the execution of a definitive agreement between Lakeside and the potential unnamed buyer, Lakeside said in announcing the offer Tuesday


Cangzhou Steel Pipe Group (CSPG) Co., Ltd

Cangzhou Steel Pipe Group (CSPG) Co., Ltd. is a large-sized, key metallurgic enterprise of Hebei Province in North China, whose history dates back to 1994. CSPG currently em/paces six member companies with products varying from SSAW, LSAW, ERW, seamless steel pipes to 3PE pipes, galvanized pipes, casing pipes, etc. A Joint-stock corporation, CSPG occupies an area of 600,000 square meters with a total asset of $530 million.



Specialized in the production of straight welded pipe spiral pipe galvanized pipe 3PE/3PP/FBE/TPEP internal and external epoxy powder internal and external epoxy resin cement mortar two cloth three oil buried pipeline IPN8710 non-toxic drinking water internal and external plastic coated lining plastic and other anti-corrosion pipe fittings for oil and gas pipeline water conservancy projects



Executive standard :DIN30670 DIN30678 CSA Z245 AFNOR nf49-710/711 NACE rp0394/0490 AWWAC 210/C213GB/T9711 API 5L ISO 3183Material: Q235B/Q355BGR A GR B x42-x80 l245-l555

 

Business scope: 21.3mm-3620mmLSAW submerged arc welded pipe 325-2020mmERW straight welded pipe 6mm-711mmSMLS seamless tube 10-1120mmSSAW spiral steel tube 219-3620mmDemand for quality suppliers and partners

 

API 5L PLS1 X40 SSAW Welded Water Well Steel Pipes, Epoxy / Black Paint / 3PE Coating Carbon Steel PipesAPI 5L PLS1 X40 SSAW Welded Water Well Steel Pipes, Epoxy / Black Paint / 3PE Coating Carbon Steel PipesAPI 5L PLS1 X40 SSAW Welded Water Well Steel Pipes, Epoxy / Black Paint / 3PE Coating Carbon Steel Pipes

API 5L PLS1 X40 SSAW Welded Water Well Steel Pipes, Epoxy / Black Paint / 3PE Coating Carbon Steel Pipes