Abc technologies holdings inc. announces the closing of cerberus' minority stake sale to oaktree

Toronto--(business wire)--abc technologies holdings inc. (tsx:abct) (“abc technologies”, “abc” or the “company”) announced today the closing of the previously announced transaction involving the sale of a minority stake in the company by abc group canada lp (“abc lp”), an affiliate of funds managed by cerberus capital management, l.p. (“cerberus”), to funds managed by oaktree capital management, l.p. (“oaktree”). pursuant to the terms of a share purchase agreement dated as of september 10, 2021
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