Edition:
United Kingdom

Aecon Group Inc (ARE.TO)

ARE.TO on Toronto Stock Exchange

17.34CAD
23 May 2018
Change (% chg)

$0.09 (+0.52%)
Prev Close
$17.25
Open
$17.22
Day's High
$17.35
Day's Low
$17.22
Volume
52,822
Avg. Vol
180,994
52-wk High
$20.06
52-wk Low
$14.13

Latest Key Developments (Source: Significant Developments)

China Communications Construction Announces Termination Of Transaction To Acquire Aecon
Thursday, 24 May 2018 

May 25 (Reuters) - China Communications Construction Co Ltd <601800.SS>::CHINA COMMUNICATIONS CONSTRUCTION CO LTD - ANNOUNCES TERMINATION OF DISCLOSEABLE TRANSACTION IN RELATION TO PROPOSED ACQUISITION OF AECON.RECEIVED ORDER OF GOVERNOR IN COUNCIL UNDER SUBSECTION OF INVESTMENT CANADA ACT DIRECTING NOT TO IMPLEMENT INVESTMENT.  Full Article

Government Of Canada Rejects Aecon Sale To CCCI
Thursday, 24 May 2018 

May 23 (Reuters) - Aecon Group Inc ::GOVERNMENT OF CANADA REJECTS AECON SALE TO CCCI.ARRANGEMENT BETWEEN AECON AND CCCI WILL NOT PROCEED.AECON GROUP- GOVERNOR IN COUNCIL ISSUED ORDER UNDER INVESTMENT CANADA ACT DIRECTING CCCI NOT TO IMPLEMENT ITS PROPOSED ACQUISITION OF AECON.AECON IS NO LONGER ACTIVELY PURSUING A SALE PROCESS..COMPANY HAS REINSTATED ITS SEARCH FOR A NEW CHIEF EXECUTIVE OFFICER.SPECIAL COMMITTEE OF BOARD OF DIRECTORS HAS BEEN DISSOLVED.  Full Article

Canada Blocks China's CCCC International Holding's bid to buy aecon Group
Wednesday, 23 May 2018 

May 23 (Reuters) - Aecon Group Inc ::CANADA BLOCKS CHINA'S CCCC INTERNATIONAL HOLDING'S BID TO BUY AECON GROUP -GOVERNMENT SPOKESMAN.  Full Article

Canadian Government Blocks Chinese Takeover Of Aecon Group - BNN Bloomberg
Wednesday, 23 May 2018 

May 23 (Reuters) - :CANADIAN GOVERNMENT BLOCKS CHINESE TAKEOVER OF AECON GROUP - BNN BLOOMBERG.  Full Article

Aecon Says NouvLR General Partnership Finalizes Contract For Réseau Express Métropolitain Project
Thursday, 12 Apr 2018 

April 12 (Reuters) - Aecon Group Inc ::NOUVLR GENERAL PARTNERSHIP FINALIZES $5 BILLION ENGINEERING, CONSTRUCTION CONTRACT WITH CDPQ INFRA FOR RÉSEAU EXPRESS MÉTROPOLITAIN PROJECT.CO'S 24 PER CENT SHARE IN THE REM PROJECT WILL ADD $1.2 BILLION TO BACKLOG IN Q2 OF 2018.  Full Article

Aecon Receives Court Approval Of Plan Of Arrangement With CCCI International
Friday, 22 Dec 2017 

Dec 22 (Reuters) - Aecon Group Inc ::COURT APPROVES AECON PLAN OF ARRANGEMENT.AECON GROUP INC - ‍ONTARIO SUPERIOR COURT OF JUSTICE ISSUED FINAL ORDER APPROVING PLAN OF ARRANGEMENT WHERE CCCC INTERNATIONAL WILL BUY CO.AECON GROUP INC - ARRANGEMENT WITH CCCC INTERNATIONAL EXPECTED TO CLOSE BY END OF Q1 OF 2018.  Full Article

Aecon Group Shareholders Approve Plan Of Arrangement with CCCC International
Tuesday, 19 Dec 2017 

Dec 19 (Reuters) - Aecon Group Inc ::AECON SHAREHOLDERS APPROVE PLAN OF ARRANGEMENT.AECON GROUP - SHAREHOLDERS VOTED TO APPROVE PREVIOUSLY ANNOUNCED DEAL AS PER WHICH CCCC INTERNATIONAL WILL ACQUIRE ALL COMMON SHARES OF CO.AECON GROUP INC - APPROXIMATELY 99.40 PER CENT OF VOTES CAST BY AECON SHAREHOLDERS WERE IN FAVOUR OF PLAN OF ARRANGEMENT WITH CCCI.AECON GROUP INC - ARRANGEMENT IS EXPECTED TO CLOSE BY END OF Q1 OF 2018.  Full Article

Aecon And Areva Signed Contract Valued At More Than $130 Million
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - Aecon Group Inc ::INTEGRATED JV FORMED AMONG AECOM, CO AND AREVA NP SIGNED CONTRACT VALUED AT MORE THAN $130 MILLION.CONTRACT IS TO REPLACE STEAM GENERATORS AT UNIT 6 OF BRUCE NUCLEAR GENERATING STATION IN ONTARIO, CANADA.WORK UNDER CONTRACT IS SCHEDULED TO REACH SUBSTANTIAL COMPLETION IN Q1 OF 2022.SGRT SIGNED PREFERRED SUPPLIER AGREEMENT FOR STEAM GENERATOR REPLACEMENTS AT UNIT 6'S REMAINING FIVE UNITS.  Full Article

Aecon Announced Receipt Of Two Regulatory Approvals In Respect Of Deal With CCCI
Friday, 8 Dec 2017 

Dec 8 (Reuters) - Aecon Group Inc ::AECON PROVIDES UPDATE ON PROPOSED TRANSACTION WITH CCCI.AECON GROUP INC - ‍ ANNOUNCED RECEIPT OF TWO REGULATORY APPROVALS IN RESPECT OF ACQUISITION BY CCCC INTERNATIONAL HOLDING LIMITED​.AECON GROUP INC SAYS‍ ISS AND GLASS LEWIS, HAVE BOTH RECOMMENDED THAT CO'S SHAREHOLDERS VOTE FOR SPECIAL RESOLUTION APPROVING CCCI'S ACQUISITION OF CO​.  Full Article

China Communications Construction's units to buy Canada's Aecon
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - China Communications Construction Co Ltd <601800.SS>1800.HK:Says units plan to buy Canada's Aecon Group Inc <<>> for C$1.45 billion ($1.13 billion).  Full Article

Photo

Exclusive - Canada PM raps possible U.S. auto tariffs, says linked to NAFTA

LA MALBAIE, Quebec A move by the United States to explore tariffs on auto imports is based on flimsy logic and is part of the pressure from Washington to renegotiate the NAFTA trade pact, Canadian Prime Minister Justin Trudeau said on Wednesday. | Video