Primo Water, Bluetriton Brands announces receipt of regulatory approvals

Primo Water Corporation and an affiliate of BlueTriton Brands announced receipt of regulatory approval under the Investment Canada Act, in connection with the previously announced all-stock combination of Primo Water and BlueTriton. The approval under the ICA is one of the regulatory approval conditions necessary for completion of the Transaction and follows this month’s expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act. As a result, all regulatory approvals have been received. The Transaction is expected to close by the end of calendar year 2024, subject to satisfaction of other customary closing conditions, including approval by Primo Water’s shareowners and court approval of the plan of arrangement for the Transaction, each as more particularly described in both the definitive agreement and Primo Water’s preliminary management information circular and proxy statement filed on August 8, 2024.