News Formal

SNC-Lavalin executives ponder company break-up at private shareholder luncheon

  • 📰 nationalpost
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 80%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Beleaguered company discusses spinning off assets ahead of a potential criminal conviction

MONTREAL — Executives at SNC-Lavalin Group Inc. continue to ponder a Plan B that could see the company break up ahead of a potential criminal conviction.

“They mentioned spinning off,” Taylor said in an interview, referring to chief executive Neil Bruce and chief financial officer Sylvain Girard. The sitdown last Friday, first reported by the Globe and Mail, came a day after the company announced plans to wind down its operations in 15 countries and reported a $17-million loss in its latest quarter, precipitating a stock drop to new 10-year lows over the past few days.

SNC-Lavalin said in an email that it “continues to evaluate all possible scenarios to create maximum value for company shareholders.”

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 10. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

SNC-Lavalin execs ponder company break-up at private shareholder luncheonExecutives at SNC-Lavalin Group Inc. continue to ponder a Plan B that could see the company break up ahead of a potential criminal conviction. Bombardier But But Prince Jackwagon's Attorney General is New & Improved!? 5 Months or Less RCMP TeamJackwagon 🤡 BecauseIts a GongShow TrudeauJr PeterPanPM AtwalKhadrBoyleISISIran Sockboy UsefulIdiot2TheWorld PeopleKind MagicKingdom
Källa: CP24 - 🏆 30. / 67 Läs mer »

SNC-Lavalin CEO Neil Bruce in the spotlight as ‘reputational hits’ keep coming for embattled companyNeil Bruce did a ‘poor job of overselling the value’ SNC-Lavalin could get for the 407 highway, says one analyst
Källa: nationalpost - 🏆 10. / 80 Läs mer »