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Dorel Provides Update On Going-Private Transaction And Confirms Outlook
Dorel Agrees To Going Private Transaction At C$14.50 Per Share
Dorel Posts Q3 Adjusted Earnings Per Share $0.87
Dorel Industries Inc is a Canada-based global consumer products company which designs, manufactures and distributes a portfolio of product brands. The Company markets its products in the United States, Europe, Latin America, Canada, and Asia. The Company operates through three segments: Dorel Juvenile, Dorel Sports and Dorel Home Furnishings. The Company's Dorel Juvenile segment is engaged in designing, sourcing, manufacturing, distribution and retailing of children's furniture and accessories. The Company's Dorel Sports segment is engaged in designing, sourcing, manufacturing and distribution of recreational and leisure products and accessories. The Company's Dorel Home Furnishings segment is engaged in designing, sourcing, manufacturing and distribution of ready-to-assemble (RTA) furniture and home furnishings. The Company's brands include Cannondale, Schwinn, GT, Mongoose, Caloi, Quinny, Maxi-Cosi, Tiny Love, Cosco, Infanti, Voyage, Angel, Disney and Eddie Bauer.
1255 Greene Ave Suite 300
President, Chief Executive Officer, Director
Jeffrey Nathan Schwartz
Chief Financial Officer, Executive Vice President, Secretary, Director
Executive Vice President - Sales and Marketing, Director
Executive Vice President - Operations, Director
Senior Vice President - Finance, Assistant Secretary
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Canadian bicycle maker Dorel Industries Inc has terminated its take-private deal with Cerberus Capital Management, weeks after the private equity firm sweetened its bid for the company.
Two shareholders of Dorel Industries Inc said on Tuesday they would vote against a take-private deal from Cerberus Capital Management, a day after the private equity firm sweetened its bid for the Canadian bicycle maker. Investment advisory firms Brandes Investment Partners...
Two shareholders of Canadian bicycle maker Dorel Industries Inc said on Tuesday they would vote against a take-private deal from Cerberus Capital Management, a day after the private equity firm sweetened its bid for the company.
Canadian bicycle maker Dorel Industries Inc <DIIb.TO> said on Monday it has agreed to be taken private by a group led by private equity firm Cerberus Capital Management in a deal valued at about C$470 million ($354.3 million).
* CORONAVIRUS AND RELATED FOREIGN EXCHANGE IMPACTS WILL LIKELY AFFECT Q1
* QTRLY RESULTS REFLECT US$12.5 MILLION IMPAIRMENT LOSS ON TRADE ACCOUNTS RECEIVABLE FROM TOYS"R"US LIQUIDATION
* Q4 EARNINGS PER SHARE VIEW $0.44, REVENUE VIEW $655.4 MILLION -- THOMSON REUTERS I/B/E/S
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.