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Bullboard - Stock Discussion Forum
FormerXBC Inc
XEBEQ
Industrials
Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification,...
associated gas, engineering services, and air dryers. The company's geographical segments are United States, Canada, China, Other, Korea, Italy, and France.
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GREY:XEBEQ - Post Discussion
FormerXBC Inc
> Is the Federal Gov't going to buy Xebec?
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•••
treehill
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Post by
treehill
on Jan 15, 2023 9:05pm
Is the Federal Gov't going to buy Xebec?
The first thing I thought of when I saw the bizarre headline below is that the Finance Minister needed money put aside to buy Xebec. Turns out the money was asked for back in the November Economic Update. Not too many details, but it probably gives the federal government the ability to act quickly and quietly to pick up companies that they think have value.
Trudeau gov't asked for $2B to buy shares in company that didn't exist | Toronto Sun
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ukrop13
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Comment by
ukrop13
on Jan 16, 2023 12:36am
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