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Waterloo Tech Company Sandvine Granted Court Order for Refinancing and Sale

  • Sandvine Corporation, based in Waterloo, Ontario, has received a court order to explore refinancing and investment opportunities.
  • The court approved the Sale and Investment Solicitation Process (SISP) to facilitate potential transactions.
  • The company aims to address financial challenges and seek new investment avenues under the Companies Creditors Arrangement Act (CCAA).