RE: Question for the board? > Does ARE have the funds and power etc. to takeover CUQ.T?....
Probably.
Aecon has about $117M in cash and current receivables.
CUQ market cap is just above $200M (and falling fast).
ARE could probably do a deal for $250M and finance it through 5 yr. convertible debentures.
So it seems possible, but I don't know about CUQ so can't say if it is worth buying for ARE or not.