Supports acquisition by Total Energy Services
Inc.
TORONTO, March 17, 2017 /CNW/ - Invesco Canada Ltd.
announced today that it has tendered 16,612,918 shares of Savanna
Energy Services Corp. (TSX:SVY) in support of the acquisition offer
made by Total Energy Services Inc. (TSX:TOT).
Invesco has reached this decision based not only on its
assessment of the current offer but also on its assessment of the
longer-term prospects for the combined company, in which it expects
to continue to remain an investor.
For more information, please visit invesco.ca. You can
also connect with Invesco on Twitter (@InvescoCanada), LinkedIn,
Facebook or through the Invesco Canada blog.
About Invesco Ltd.
Invesco Ltd. is an independent
investment management firm dedicated to delivering an investment
experience that helps people get more out of life. NYSE: IVZ;
invesco.com.
Commissions, trailing commissions, management fees and expenses
may all be associated with mutual fund investments. Mutual funds
are not guaranteed, their values change frequently and past
performance may not be repeated. Please read the simplified
prospectus before investing. Copies are available from your advisor
or Invesco Canada Ltd.
* Invesco® and all associated trademarks are
trademarks of Invesco Holding Company Limited, used under
licence.
© Invesco Canada Ltd., 2017
SOURCE Invesco Canada Ltd.