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Ashland completes sale of land located in Ajax, Canada to Sunray Group of Hotels Inc, for CAD $12.25 million

Globe Newswire - Mon Aug 8, 2022

WILMINGTON, Del., Aug. 08, 2022 (GLOBE NEWSWIRE) -- Ashland, Inc. (NYSE: ASH) today announced it has completed the sale of approximately six acres of land located in Ajax, Canada to Sunray Group of Hotels Inc., a leading real estate developer with a significant portfolio across Canada, in a transaction of (CAD) $12.25 million, with net proceeds of (CAD) $9.2 million.  

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