WCE Holdings Inc., the parent company of Winnipeg Commodity Exchange Inc., WCE Clearing Corporation and Canadian Climate Exchange Inc., announced that it is exploring strategic alternatives to maximize the value of the company’s shares, including proposals involving the possible divestiture of all of the company’s outstanding shares.
As part of that process, the firm’s board of directors has formed a special committee of the board to review and advise on these alternatives. Deutsche Bank Securities Inc. is providing financial advisory and investment banking services to WCE Holdings in connection with this mandate.
WCE Holdings stated that there can be no assurance that the exploration of strategic alternatives will result in any agreements or transactions. It does not intend to disclose developments with respect to the exploration of strategic alternatives unless and until its board has approved a definitive agreement or transaction.
WCE Holdings exploring strategic alternatives
Deutsche Bank Securities providing financial advisory and investment banking services
- By: James Langton
- April 26, 2007 April 26, 2007
- 09:10