The approval of the acquisition by the Canadian Competition Bureau is a positive development for FET, removing a regulatory hurdle and allowing the company to proceed with the transaction. The deal is expected to be immediately accretive to FET's financials, which is typically viewed favorably by investors. The valuation at 3.7x EBITDA is reasonable and suggests a strategic fit. The expected improvement in margins and cash flow, along with a manageable net leverage ratio and solid liquidity position post-acquisition, are likely to be seen as positive indicators for FET's short-term financial health and stock price.