DOO

BRP and its Principal Shareholder Announce Bought Deal Secondary Offering

Retrieved on: 
Monday, April 15, 2024
Sale, Offering, DOO, BMO Capital Markets, Hierarchy, TSX, BRP, Form, Toronto Stock Exchange, EDGAR, Telephone, ATTN:, Security (finance)

VALCOURT, Quebec, April 15, 2024 (GLOBE NEWSWIRE) -- BRP Inc. (TSX:DOO; NASDAQ:DOOO) (“BRP” or the “Company”) announced today that Bain Capital Integral Investors II, L.P. (“Bain” or the “Selling Shareholder”), and the Company have entered into an agreement with BMO Capital Markets to complete a secondary offering on a bought deal basis (the "Offering").

Key Points: 
  • VALCOURT, Quebec, April 15, 2024 (GLOBE NEWSWIRE) -- BRP Inc. (TSX:DOO; NASDAQ:DOOO) (“BRP” or the “Company”) announced today that Bain Capital Integral Investors II, L.P. (“Bain” or the “Selling Shareholder”), and the Company have entered into an agreement with BMO Capital Markets to complete a secondary offering on a bought deal basis (the "Offering").
  • In connection with the Offering, the Company will file a preliminary prospectus supplement to its short form base shelf prospectus dated February 23, 2023.
  • The net proceeds of the Offering will be paid directly to the Selling Shareholder.
  • The Offering is being made only by means of the prospectus supplement and the registration statement which contain important information about the Offering.

Sébastien Martel Joins TFI International Board of Directors

Retrieved on: 
Thursday, July 27, 2023
BRP, TFI International, CPA, McGill University, CFO, DOO, TSX, Growth, Transport, NYSE, Management

MONTREAL, July 27, 2023 (GLOBE NEWSWIRE) -- TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced that Sébastien Martel will join its Board of Directors, effective July 31, 2023.

Key Points: 
  • MONTREAL, July 27, 2023 (GLOBE NEWSWIRE) -- TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced that Sébastien Martel will join its Board of Directors, effective July 31, 2023.
  • Mr. Martel is the Chief Financial Officer of BRP Inc. (“BRP”, TSX: DOO; Nasdaq: DOOO), a global leader in the design, manufacturing, and distribution of recreational vehicles and powersports.
  • A registered CPA, Mr. Martel holds a Bachelor degree in Accountancy from McGill University.
  • “We are thrilled to welcome Sébastien to our Board and view his leadership qualities and contributions to BRP's growth as valuable attributes,” stated Alain Bédard, Chairman, President and Chief Executive Officer of TFI International.

WisdomTree Announces AI Enhanced Value Funds (AIVL & AIVI)

Retrieved on: 
Tuesday, January 18, 2022
ETP, Investment, WisdomTree Investments, WETF, DTN, International, Associative model of data, ETF, NYSE, NASDAQ, Lovell Minnick Partners, GLOBE, Risk, Â, DOO, Intelligence, Time, VOYA, Artificial intelligence, AI, Data science, EMI, LLC, Prospectus, Model, Financial services, Life insurance, Security (finance), Bank, Financial adviser, Fund

The WisdomTree AI Enhanced Value Funds utilize the Equity Machine Intelligence (EMI) proprietary model of Voya Investment Management Co., LLC (Voya), each Funds sub-adviser.

Key Points: 
  • The WisdomTree AI Enhanced Value Funds utilize the Equity Machine Intelligence (EMI) proprietary model of Voya Investment Management Co., LLC (Voya), each Funds sub-adviser.
  • Were excited to be leveraging Voyas EMI model in the AI Enhanced Value Funds restructures as a way to potentially overcome historical challenges of value investing.
  • The AI Enhanced Value Family strategy focuses on companies with attractive value characteristics and aims to deliver idiosyncratic alpha1, performing best in a market driven by fundamentals.
  • WisdomTree AI Enhanced Value Funds (AIVL and AIVI) have varying exposures to both deep value and relative value measures and aim to capture the value premium while avoiding drawdowns in deep/relative value measures that may be out of favor.