Aecon Group Inc T.ARE

Alternate Symbol(s): AEGXF

Industrials Engineering & Construction

Aecon Group Inc. is a Canada-based construction and infrastructure development company. The Company delivers integrated solutions to private and public sector clients throughout Canada and other countries. It operates through two segments within the infrastructure development industry: Construction and Concessions. Its Construction segment includes all aspects of the construction of both public and private infrastructure, primarily in Canada, and internationally and focuses primarily on the civil infrastructure, urban transportation solutions, nuclear power infrastructure, utility infrastructure and industrial infrastructure. Its Concessions segment include the development, financing, build and operation of construction projects primarily by way of public-private partnership contract structures, as well as integrating the services of all project participants. The Company’s projects include Annacis Water Supply Tunnel, Bell Canada Gigabit Fiber Service, Finch West LRT, and others.

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Aecon Group Inc > Old BNN Article

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Comment by JayBankson Dec 11, 2023 2:51pm

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Post# 35778402

RE:RE:RE:Old BNN Article

Aecon is a really tough company to take over. Not that it can't be swallowed up by a bigger entity, but because of the work and accesses they have and are privy to.

If they spun off and sectionalized thier portfolio there would be some takers. But the Canadian government will not let the nuclear and other sensitive portfolio items be taken hold of by just any entity. This is why the block was made on the earlier take over attempt.

The US would take a similar stance to a foreign entity trying to acquire Lockheed Martin.

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