Titanium Transportation Group to Go Private in New Acquisition Deal

Titanium Transportation Group Inc. has announced a major agreement to be taken private by TTNM Management Acquisition Limited and Trunkeast Investments Canada Limited. The deal, signed on January 14, 2026, involves a statutory plan under the Canada Business Corporations Act. The Purchaser aims to acquire all issued and outstanding shares, except those held by key stakeholders, for $2.22 per share.

The special committee and board of directors, excluding conflicted members, have deemed the transaction fair and favorable, recommending shareholders approve it. Conditions for completion include court and regulatory approvals, alongside shareholder consent.

Currently, Trunkeast holds 23.5% of the shares, while other major stakeholders combined hold 50.5%. Completion of early warning reports is underway, adhering to legal requirements. Further developments are anticipated following the special shareholder meeting.