Calian completes sale of US commercial IT business to Trace3 for CAD $43 million upfront cash proceeds
Bitget2026/10/01 11:05- Calian completed the sale of its U.S. commercial IT business in Houston to Trace3.
- Terms included upfront cash proceeds of about CAD $43 million, equal to US $31 million.
- Trace3 assumed certain net liabilities totaling about CAD $17 million, equal to US $12 million.
- Deal closed on the terms disclosed on Aug. 25, 2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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