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Saputo Inc (SAP.TO)

SAP.TO on Toronto Stock Exchange

45.50CAD
9 Dec 2016
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Latest Key Developments (Source: Significant Developments)

Saputo announces closing of secondary offering of its common shares
Tuesday, 29 Nov 2016 09:22am EST 

Saputo Inc - :Saputo announces closing of secondary offering of its common shares.  Full Article

Saputo CEO says company looking for acquisitions
Tuesday, 2 Aug 2016 01:37pm EDT 

Saputo Inc : Saputo Inc CEO, speaking to analysts, said the company remains interested in acquisitions in Latin America, the United States, Oceania and Europe Further company coverage: [SAP.TO] (Reporting By Rod Nickel) ((rod.nickel@thomsonreuters.com;)).  Full Article

Saputo Q1 earnings per share $0.44
Tuesday, 2 Aug 2016 09:46am EDT 

Saputo Inc: Revenues for quarter amounted to $2.631 billion, an increase of $67.0 million or 2.6% . Qtrly earnings per share $0.44 .Q1 earnings per share view c$0.40, revenue view c$2.65 billion -- Thomson Reuters I/B/E/S.  Full Article

Saputo could consolidate dairy assets in Brazil - CEO
Thursday, 2 Jun 2016 03:30pm EDT 

Saputo Inc CEO Lino Saputo Jr, speaking on a conference call with analysts on Thursday: Said could make acquisitions worth as much as C$3.5 billion . Said company could be a consolidator in Brazil Further company coverage: [SAP.TO] (Reporting By Rod Nickel) ((rod.nickel@thomsonreuters.com;)).  Full Article

Saputo Inc Q4 earnings per share $0.36
Thursday, 2 Jun 2016 12:17pm EDT 

Saputo Inc : Saputo Inc: financial results for the fiscal year ended March 31, 2016 . Qtrly earnings per share $0.36 . Says board of directors approved a dividend of $0.135 per share . Qtrly adjusted earnings per share $0.41 . For Canada sector, dairy ingredient markets declined since last half of fiscal 2015, expected to remain low through first 9 months of FY 2017 . Q4 earnings per share view C$0.40 -- Thomson Reuters I/B/E/S .Q4 revenue C$2.734 billion versus I/B/E/S view C$2.73 billion.  Full Article

Saputo Inc to close three facilities in Canada - Canada Stockwatch
Tuesday, 22 Mar 2016 02:25pm EDT 

Saputo Inc:Saputo Inc. will take measures aimed at improving its operational efficiency.Saputo will close three of its facilities in Canada, in Sydney (Nova Scotia), Princeville (Quebec) and Ottawa (Ontario).The closures are scheduled in June, 2016, August, 2016, and December, 2017, respectively.The current production will be integrated into other Saputo facilities.In all, approximately 230 employees will be impacted.These employees will be provided with severance and outplacement support; and some will be offered the possibility of transferring to other Saputo locations.  Full Article

Saputo Inc acquired the companies forming Woolwich Dairy
Monday, 5 Oct 2015 01:37pm EDT 

Saputo Inc:Increases its presence in the specialty cheese category in North America by acquiring woolwich dairy.Says purchase price of $80 million, on a debt-free-basis, was paid in cash at closing.  Full Article

Saputo Inc increases quarterly dividend
Tuesday, 4 Aug 2015 09:45am EDT 

Saputo Inc:Says that it has increased quarterly dividend from $0.13 per share to $0.135 per share, representing a 3.8 pct. increase.Says the quarterly dividend will be payable on Sept. 14, 2015 to common shareholders of record on Sept. 3, 2015.  Full Article

Saputo Inc Completes acquisition of Everyday Cheese Business of Lion-Dairy & Drinks Pty Ltd Through Dairy Division (Australia)
Monday, 25 May 2015 08:26am EDT 

Saputo Inc:Completes transaction announced on March 2, and acquired the everyday cheese business of Lion-Dairy & Drinks Pty Ltd (Lion) based in Victoria, Australia.Purchase price of C$134.4 mln (A$137.5 million), on a debt-free basis, includes C$104.1 mln(1) which represents the value of inventory net of a minimal amount of assumed liabilities, subject to closing adjustments, and was financed through new bank term loans.  Full Article

Saputo announces the acquisition of the Everyday Cheese Business of Lion-Dairy & Drinks Pty Ltd through its Dairy Division (Australia)
Monday, 2 Mar 2015 08:31am EST 

Saputo Inc:Says its Australian subsidiary, Warrnambool Cheese and Butter Factory Company Holdings Limited, has entered into an agreement to acquire the everyday cheese business of Lion-Dairy & Drinks Pty Ltd based in Victoria, Australia.The purchase price of C$134.4 million, on debt-free basis, includes C$104.1 million which represents the value of inventory net of minimal amount of assumed liabilities, and is subject to final determination of the inventory amount and assumed liabilities amount at closing.The purchase price is payable in cash at closing.The transaction is subject to usual conditions and is expected to close towards the beginning of May 2015.The transaction is also subject to the approval of WCB shareholders.Saputo, which holds 87.92 pct of the shares in WCB is supportive of the transaction and has advised WCB that it will vote its shares in favour of the transaction.  Full Article

BRIEF-Saputo announces closing of secondary offering of its common shares

* Saputo announces closing of secondary offering of its common shares Source text for Eikon: Further company coverage: