Aecon Group Inc T.ARE

Alternate Symbol(s): AEGXF

Industrials Conglomerates

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 > Likely buyer .. has USD 2.7B cash and trading at 12x EBITDA

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Comment by Henryeon Aug 23, 2024 12:43pm

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Post# 36193628

RE:RE:RE:Likely buyer .. has USD 2.7B cash and trading at 12x EBITDA

May I add , there most likely will be further,up to 3 interest rates reductions in the 2024 starting early September, making it " ICING ON THE CAKE " for the infrastructure industry thus benefiting Aecon significantly. Perfect timing for reductions so important in stimulating growth , bottom line and acquisitions!!'
So of course another reason to scoop quality companies such as Aecon very cheap!
Pray it won't happen so prematurely!!

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