CCS Income Trust plans to acquire Producers Disposal Services Ltd. and Rycroft Disposal Well Inc. from Producers Oilfield Services Inc., Calgary, (Toronto: POS) for approximately C$46 million in cash. The sale includes waste management operating facilities at Grande Cache, Rycroft and Mayerthorpe, Alberta and involves all of the operating assets within the corporation's oilfield waste management segment. Producers will use the proceeds from this sale to fund further acquisitions, capital expenditures and other corporate requirements. The transaction is expected to close by the end of December.
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