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WESCO Divests Canada Datacom Unit

WESCO Divests Canada Datacom Unit
Following the similar sale of its Canadian Utility business, the move was required to meet agreements as part of WESCO s Anixter acquisition.
Feb 15th, 2021
PITTSBURGH WESCO International announced Feb. 12 that it has sold its legacy WESCO Datacom business in Canada to Guillevin International, a Canadian distributor of industrial products.
The transaction fulfills WESCO’s commitment to divest its legacy Canadian Utility and Datacom businesses in connection with its Consent Agreement with the Canadian Competition Bureau related to WESCO’s merger with Anixter International, which closed on June 22, 2020. Net proceeds will be used to repay indebtedness. ....

John Engel , Anixter International , Canadian Competition Bureau , Canada To Guillevin International , Guillevin International , Canadian Utility , Consent Agreement , Now Doubled , Sales Accelerate , Chief Executive Officer , Canadian Competition , Industrial Distribution , ஜான் ஏங்கல் , அணிக்ஷ்டேற் சர்வதேச , கனடியன் போட்டி பணியகம் , கனடா க்கு கில்லெவின் சர்வதேச , கில்லெவின் சர்வதேச , கனடியன் பயன்பாடு , இப்போது இரட்டிப்பாகியது , விற்பனை விரைவுபடுத்து , தலைமை நிர்வாகி அதிகாரி , கனடியன் போட்டி , தொழில்துறை விநியோகம் ,

WESCO Divests Canadian Datacom Business

This latest transaction is part of WESCO’s commitment to divest its legacy Canadian Utility and Datacom businesses in connection with Canadian law. ....

United States , Rob Dewar , John Engel , Luc Rodier , Akash Khurana , Anixter International , France Rexel Group , Canada Division , Canadian Competition Bureau , Wesco International Inc , Canada To Guillevin International , Guillevin International , Canadian Utility , Consent Agreement , Rexel Canada , Safety Canada Division , ஒன்றுபட்டது மாநிலங்களில் , கொள்ளை தேவார் , ஜான் ஏங்கல் , லூக் ரோடியர் , அணிக்ஷ்டேற் சர்வதேச , பிரான்ஸ் ரெக்ஸல் குழு , கனடா பிரிவு , கனடியன் போட்டி பணியகம் , வெஸ்கோ சர்வதேச இன்க் , கனடா க்கு கில்லெவின் சர்வதேச ,

WESCO Announces Sale of Legacy Canada Datacom Business to Guillevin

Press release content from Business Wire. The AP news staff was not involved in its creation. ....

United States , John Engel , Anixter International , Electronic Solutions , Anixter International Inc , International Inc , Exchange Commission , Security Solutions , Corporate Communications , Canadian Competition Bureau , Broadband Solutions , Canada To Guillevin International , Guillevin International , Canadian Utility , Consent Agreement , Chief Executive Officer , Canadian Competition , Private Securities Litigation Reform Act , Will Ruthrauff , Director Investor Relations , Business Wire , Corporate News , North America , Products And Services , Ownership Changes , Asset Sales ,

WESCO Sells Canadian Utility Business to Rexel

The transaction partially fulfills WESCO’s commitment to divest its legacy Canadian Utility and Datacom businesses in connection with Canadian law. ....

United States , John Engel , Akash Khurana , Anixter International , France Rexel Group , Canadian Competition Bureau , Wesco International Inc , Schaedler Yesco Distribution Inc , Rexel Canada , Canadian Utility , Consent Agreement , ஒன்றுபட்டது மாநிலங்களில் , ஜான் ஏங்கல் , அணிக்ஷ்டேற் சர்வதேச , பிரான்ஸ் ரெக்ஸல் குழு , கனடியன் போட்டி பணியகம் , வெஸ்கோ சர்வதேச இன்க் , ஸ்சேட்லெற் எஸ்கோ விநியோகம் இன்க் , ரெக்ஸல் கனடா , கனடியன் பயன்பாடு ,

WESCO Announces Sale of Legacy Canada Utility Business to Rexel

Press release content from Business Wire. The AP news staff was not involved in its creation.
WESCO Announces Sale of Legacy Canada Utility Business to Rexel
February 1, 2021 GMT
PITTSBURGH (BUSINESS WIRE) Feb 1, 2021
WESCO International, Inc. (NYSE: WCC) today announced that it has sold its legacy WESCO Utility business in Canada to Rexel Canada, a wholly owned subsidiary of France’s Rexel Group.
The transaction partially fulfills WESCO’s commitment to divest its legacy Canadian Utility and Datacom businesses in connection with its Consent Agreement with the Canadian Competition Bureau related to WESCO’s merger with Anixter International, which closed on June 22, 2020. Net proceeds will be used to repay indebtedness. ....

United States , John Engel , France Rexel Group , Anixter International , Electronic Solutions , Anixter International Inc , International Inc , Exchange Commission , Security Solutions , Corporate Communications , Canadian Competition Bureau , Broadband Solutions , Rexel Canada , Canadian Utility , Consent Agreement , Chief Executive Officer , Canadian Competition , Private Securities Litigation Reform Act , Will Ruthrauff , Director Investor Relations , Business Wire , ஒன்றுபட்டது மாநிலங்களில் , ஜான் ஏங்கல் , பிரான்ஸ் ரெக்ஸல் குழு , அணிக்ஷ்டேற் சர்வதேச , மின்னணு தீர்வுகள் ,