Deal snapshot: Exchange Income Acquires DryAir Manufacturing for USD 60m.

MANews-(C)2009-2023

Canada-based Exchange Income Corp. (TSX: EIF), an acquisition-oriented company focussed on opportunities in the aviation, aerospace and manufacturing segments, has acquired US-based portable hydronic heating systems provider DryAir Manufacturing Corp. for approximately USD 60 m, the company said.

The purchase price was funded by the issuance...

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