Tuesday, 02 January 2024 12:17 GMT

STEP Energy Services Ltd.


(MENAFN- Baystreet) 09:48 AM EST - STEP Energy Services Ltd. : Announces the receipt of a non-binding offer from ARC Financial Corp. to acquire, through one or more funds managed by ARC, 100% of the issued and outstanding common shares in the capital of STEP not currently managed or owned, directly or indirectly, by ARC for a purchase price of $5.50 in cash per share. STEP Energy Services Ltd. shares T are trading up $1.13 at $5.39.

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