Recipe Unlimited's brands also include Montana's, Kelseys, East Side Mario's, New York Fries, Bier Markt and others. Stephen Gunn, the chair of Recipe Unlimited's special committee reviewing the proposal, says it offers an attractive premium and immediate liquidity to shareholders while providing the company with additional flexibility to operate as a private company. TORONTO Some of the most active companies traded Thursday on the Toronto Stock Exchange: Suncor Energy Inc. Fairfax, which first announced its offer in August, is already the controlling shareholder of the company. The deal for $20.73 per share in cash values Recipe Unlimited at about $1.2 billion. A trader reacts next to a stock index board at the Egyptian Stock Exchange in. has signed a definitive agreement to take Recipe Unlimited Corp., the company behind Swiss Chalet, Harvey's, St-Hubert and the Keg, private. Market Report: Egypt stocks change insignificantly, down 0.02 per cent. Rio Tinto has said previously that the deal would simplify the ownership structure of the mine and strengthen its copper portfolio. The deal requires approval by a two-thirds majority vote by Turquoise Hill shareholders, including Rio Tinto, and the approval of a simple majority of the votes cast by the company's minority shareholders.
Erdenes Oyu Tolgoi LLC, a Mongolian state-owned entity, holds the remaining 34 per cent interest. Turquoise Hill owns a 66 per cent stake in the Oyu Tolgoi copper and gold mine in Mongolia. The offer is up from $40 per share Rio Tinto offered last week and higher than the company's earlier bid of $34 per share rejected by Turquoise Hill. Under the new proposal, Rio Tinto will pay $43 per share in cash for the 49 per cent stake it does not already hold in the company. for the stake in the company that it does not already own valued at about $4.2 billion. has accepted a sweetened offer by Rio Tinto International Holdings Ltd. Up two cents, or 0.02 per cent, to $84.51 on 5.1 million shares. Down $1.24, or 1.71 per cent, to $71.38 on 5.7 million shares. Shares of Marico, which was listed on the Dhaka Stock Exchange in 2009, gained about 31.2 per cent since March. Down 57 cents, or 2.31 per cent, to $24.07 on eight million shares.īank of Nova Scotia (TSX:BNS). Down 35 cents, or 1.80 per cent, to $19.15 on 10.7 million shares.Ĭenovus Energy Inc.
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View Penny Stock News’ profile on LinkedIn, the world’s largest professional community. Down 27 cents, or 0.50 per cent, to $53.89 on 11.4 million shares.īarrick Gold Corp. See the complete profile on LinkedIn and discover Penny Stock’s connections and jobs at similar companies. TORONTO - Some of the most active companies traded Thursday on the Toronto Stock Exchange:
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