1/6/2016
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by World Grain Staff
WINNIPEG, MANITOBA, CANADA LWP Capital Inc., formerly known as Legumex Walker, announced on Jan. 5 that it has completed liquidation of its business.
The company also announced its wholly owned subsidiary has completed the divestiture of its 84% ownership interest in Pacific Coast Canola LLC (PCC) to Glencore Grain Investment LLC and McKinstry Holdings, Inc., an affiliate of Industrial Construction Group, Inc. (ICG), for no cash consideration.
In November, LWP completed the sale of its Special Crops Division to The Scoular Company for gross proceeds of C$94 million, less closing and post-closing adjustments, plus C$71.5 million.
With both the sale of the…
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