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Government of Canada Rejects Aecon Sale to CCCI

Aecon Group Inc. (TSX: ARE) (“Aecon” or the “Company”) was informed May 23 that the Governor in Council has issued an order under the Investment Canada Act directing CCCC International Holding Limited (“CCCI”) not to implement its proposed acquisition of Aecon. As a result, the arrangement between Aecon and CCCI will not proceed.

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