Dorel Industries Ord Shs Class A T.DII.B

Primary Symbol: T.DII.A Alternate Symbol(s): DIIBF

Consumer Cyclical

Dorel Industries Inc is a Canadian company that sells juvenile products and furniture. Its segments include Dorel Home and Dorel Juvenile. Dorel Home segment is engaged in the design, sourcing, manufacturing, and distribution of ready-to-assemble furniture and home furnishings which include metal folding furniture, futons, children's furniture, step stools, hand trucks, ladders, outdoor furniture, and other imported furniture items. Dorel Juvenile segment is engaged in the design, sourcing, manufacturing, distribution, and retail of children's accessories which include infant car seats, strollers, high chairs, and infant health and safety aids. Its geographical segments include Canada, the United States, Europe, Latin America, Asia, and Other countries.

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Dorel Industries Ord Shs Class A > Vote NO to Privatization

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Comment by McRambuson Dec 13, 2020 2:04pm

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Post# 32095967

RE:RE:RE:RE:Vote NO to Privatization

Leandre wrote:
Lekto Brosseau said: We also note that the Family Shareholders seem to get better value for their shares. They currently control 20.3% of Dorel's outstanding shares. Our understanding is that they will receive an equity interest of 26.7% of the new company on closing which could grow to 31.5% if certain conditions are satisfied4. The additional interest to be received, based on the $14.50 bid price, may have a value of an extra $53 million

Many thanks, I completly missed this press release last Wednesday. I guess it's all in the press materials which I have not gotten. How can something like this be allowed? Wow.

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