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Morneau Shepell Inc (MSI.TO)

MSI.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Morneau Shepell Reports 2018 Fourth Quarter And 2018 Financial Results
Wednesday, 6 Mar 2019 

March 6 (Reuters) - Morneau Shepell Inc ::MORNEAU SHEPELL REPORTS 2018 FOURTH QUARTER AND 2018 FINANCIAL RESULTS.MORNEAU SHEPELL INC - QTRLY REVENUE INCREASED 28.0 PER CENT TO $200.8 MILLION.MORNEAU SHEPELL INC QTRLY ADJUSTED EBITDA INCREASED BY 29.7 PER CENT TO $35.7MILLION.  Full Article

Cannae Holdings Announces Sale Of Lifeworks Corp
Monday, 30 Jul 2018 

July 30 (Reuters) - Cannae Holdings Inc ::CANNAE HOLDINGS, INC. ANNOUNCES SALE OF LIFEWORKS CORPORATION LTD..CANNAE HOLDINGS INC - DEAL FOR $325 MILLION.CANNAE HOLDINGS INC - WILL RECEIVE ABOUT $56 MILLION IN CASH PROCEEDS FOR ITS INTEREST IN LIFEWORKS.CANNAE HOLDINGS INC - DEAL VALUE WILL BE PAID IN A COMBINATION OF CASH AND MORNEAU SHEPELL SHARES.CANNAE HOLDINGS INC - ANNOUNCED CLOSE OF SALE OF LIFEWORKS CORPORATION LTD TO MORNEAU SHEPELL INC.  Full Article

Morneau Shepell Completes Acquisition Of Lifeworks Corp
Friday, 27 Jul 2018 

July 27 (Reuters) - Morneau Shepell Inc ::MORNEAU SHEPELL COMPLETES ACQUISITION OF LIFEWORKS CORPORATION LTD. AND $231 MILLION EQUITY OFFERING.  Full Article

Morneau Shepell Announces Acquisition Of Lifeworks Corp For About C$426 Mln
Monday, 9 Jul 2018 

July 9 (Reuters) - Morneau Shepell Inc ::MORNEAU SHEPELL ANNOUNCES ACQUISITION OF LIFEWORKS CORPORATION LTD. AND CONCURRENT $210 MILLION EQUITY OFFERING.MORNEAU SHEPELL INC - DEAL FOR TOTAL PURCHASE PRICE OF APPROXIMATELY $426 MILLION (US$325 MILLION).MORNEAU SHEPELL INC - SIGNIFICANT RUN-RATE SYNERGIES OF APPROXIMATELY $10 MILLION IN 2019 AND APPROXIMATELY $15 MILLION PER YEAR BY 2020 FROM DEAL.MORNEAU SHEPELL INC - DEAL TO BE OVER 10 PER CENT ACCRETIVE TO 2019 EARNINGS PER SHARE.MORNEAU SHEPELL INC - IN ADDITION, COMPANY WILL ISSUE APPROXIMATELY $31 MILLION OF SHARES TO LIFEWORKS EXECUTIVES.MORNEAU SHEPELL - TO ACQUIRE ALL OUTSTANDING SHARES OF LIFEWORKS CORP FOR TOTAL PURCHASE PRICE OF ABOUT $426 MILLION, PAYABLE IN CASH & CO'S SHARES.MORNEAU SHEPELL INC - NATIONAL BANK OF CANADA HAS COMMITTED TO PROVIDE UP TO A $600 MILLION FIVE-YEAR REVOLVING CREDIT FACILITY.MORNEAU SHEPELL - BALANCE OF DEAL TO BE FINANCED PURSUANT TO AMENDED & RESTATED CREDIT FACILITY ARRANGED BY NATIONAL BANK FINANCIAL.  Full Article

Morneau Shepell reports qtrly profit $9.7 million
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Morneau Shepell Inc ::Morneau Shepell reports 2017 third quarter financial results.Morneau Shepell Inc - qtrly ‍revenue increased by 6.4 per cent to $153.8 million​.Morneau Shepell Inc - qtrly profit $9.7 million versus $5.2 mln‍​.  Full Article

Morneau Shepell​ issues statement on contracts with Canadian federal govt.
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Morneau Shepell Inc ::‍Morneau Shepell​ issues statement regarding its contracts with Canadian federal government.Company is not involved, in any capacity, with changes to small business tax code proposed by Department of Finance​."Mmorneau Shepell was not involved in consultation for Bill C-27​".‍"Bill C-27 is not expected to have a material impact on our company​".Says company will not benefit from proposed changes to small business tax code if or when implemented​.  Full Article