Brascade Announces Sale of Norbord Common Shares.TORONTO -- Brascade Corporation (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :BCA BCA Business Case Analysis BCA Building Code of Australia BCA Boeing Commercial Airplanes BCA Board of Contract Appeals BCA Boston Center for the Arts BCA Billiard Congress of America BCA Bureau of Criminal Apprehension BCA Breast Cancer Action .PR.B) announced today that, in connection with the recently announced sale by Brascan Corporation of common shares of Norbord Inc. and the proposed issue by Brascan of debentures exchangeable into Norbord common shares, it has agreed to sell to Brascan and a syndicate Syndicate organized crime unit throughout major cities of the United States. [Am. Hist.: NCE, 2018] See : Gangsterism of underwriters led by TD Securities Inc. and RBC Capital Markets RBC Capital Markets is the corporate and investment banking division of Royal Bank of Canada ("RBC"). Broker dealers Depending on the jurisdiction, the division uses different broker dealer subsidiaries of RBC:
Brascade currently holds 63,804,885 common shares of Norbord, representing 43% of Norbord's issued and outstanding common shares. Following the completion of these transactions, Brascade will hold between 25.8 million and 33.8 million Norbord common shares, representing between 17% and 23% of its common shares. This news release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. concerning the company's business and operations. The Company cautions that, by their nature, forward-looking statements involve risk and uncertainty and the company's actual results could differ materially from those expressed or implied in such statements. Reference should be made to the most recent Annual Information Form for a description of the major risk factors. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion