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Bullboard - Stock Discussion Forum Superior Plus Corp T.SPB

Alternate Symbol(s):  SUUIF

Superior Plus Corp. is a Canada-based distributor of propane, compressed natural gas, renewable energy and related products and services. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, it delivers clean burning fuels to residential, commercial, utility, agricultural and industrial customers. Its segments include U.S. Retail Propane Distribution (U.S... see more

TSX:SPB - Post Discussion

Superior Plus Corp > Marquard bought deal
View:
Post by philip469 on Mar 31, 2022 9:15pm

Marquard bought deal

Looks like marquard participated in the offering
Comment by soup4lunch on Apr 01, 2022 5:22am
It would be cool to see the final amounts picked up by Brookfield and M&B. s4l
Comment by SusanBolland on Apr 01, 2022 5:57am
Very interesting this morning in "insider trading" info ....   Marquard filed it had purchased 2,176,395 shares ..  It was listed as a "prospectus buy"  .... not in the open market...  They are paying the $11.20 issue price...( maybe most of the green shoe ? )  So we have Brookfield adding 75 million and Marquard adding almost 25 million to their ...more  
Comment by soup4lunch on Apr 01, 2022 6:21am
Very interesting! s4l
Comment by pjn0987654321 on Apr 01, 2022 9:12am
Marquard could be a Brookfield ally to help them get around the disclosure rules, and also make it a virtual certainty that a buyout offer will succeed.  Saw it with the IPL hostile takeover.   
Comment by Konaboy on Apr 04, 2022 9:57pm
Noting that MB is currently averaged in the upper mid 13's. They are going to want some upside in the deal !! quote=pjn0987654321]Marquard could be a Brookfield ally to help them get around the disclosure rules, and also make it a virtual certainty that a buyout offer will succeed.  Saw it with the IPL hostile takeover.    [/quote]
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