News: SNC-Lavalin Group Inc (SNCAF.PK)

SNCAF.PK on OTC Markets Group

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25 Jul 2014
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Mon, Jul 21 2014

UPDATE 1-SNC-Lavalin wins engineering contract for Quebec diamond project

July 21 - Canada's SNC-Lavalin Group Inc said it won a contract from Stornoway Diamonds Inc to provide engineering and other services for a project in the James Bay region of Quebec.

SNC-Lavalin to provide engineering services at Quebec diamond project

July 21 - Canada's SNC-Lavalin Group Inc said it won a contract from Stornoway Diamonds Inc to provide engineering and some other services for a project in the James Bay region of Quebec.

Deals of the day- Mergers and acquisitions

June 23 - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Monday:

CANADA STOCKS-TSX steady as positive data offsets Iraq concerns

* TSX down 3.34 points, or 0.02 percent, at 15,105.63 * Six of the 10 main index sectors decline * Valeant slips after Allergan advises against deal * SNC climbs after acquisition move By John Tilak TORONTO, June 23 - Canada's main stock index was little changed on Monday as worries about political instability in Iraq were balanced by upbeat economic data from China and the United States. U.S. Secretary of State John Kerry met Iraqi Prime Minister Nuri al-Malik

SNC-Lavalin bulks up energy business with $2 billion Kentz buy

TORONTO - Canada's SNC-Lavalin Group Inc will buy resource-sector engineering group Kentz Corp in a 1.16 billion pound ($2 billion) deal that SNC said on Monday will accelerate its turnaround plan, including the sale of noncore assets.

UPDATE 4-SNC-Lavalin bulks up energy business with $2 bln Kentz buy

(Recasts throughout with comments from SNC CEO, CPPIB executive, details on stake in Highway 407, LNG positioning and M&A)

CANADA STOCKS-TSX slips as Iraq, valuation concerns weigh

* TSX down 20.27 points, or 0.13 percent, at 15,088.70 * Six of 10 main index sectors decline * Valeant slips after Allergan advises against deal * SNC climbs after acquisition move By John Tilak TORONTO, June 23 - Canada's main stock index slipped on Monday as worries about political instability in Iraq and concerns about high valuations dragged on market sentiment, offsetting gains in the index's mining-heavy materials group. In Iraq, U.S. Secretary of State

BRIEF-SNC Lavalin comments from conference call

June 23 - SNC-Lavalin Group Inc : * Says success on Altalink sale and deal with Kentz could accelerate its plans

Canada's SNC-Lavalin to buy UK's Kentz for $2 bln

June 23 - SNC-Lavalin Group Inc, Canada's largest engineering and construction company, said it would buy British energy services provider Kentz Corp Ltd for about 1.164 billion pounds ($1.98 billion) in cash.

BRIEF-Canada's SNC-Lavalin Group to buy London-listed Kentz for 1.16 bln stg

* Agreement has been reached on terms of a recommended cash acquisition by which entire issued and to be issued ordinary share capital of Kentz will be acquired by SNC-Lavalin (GB)

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