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Stock Market & Financial Investment News

News Breaks
May 30, 2014
08:08 EDTCOTCott Corp. announces UK business unit's acquisition of Aimia Foods
Cott Corporation announced that its United Kingdom / Europe Business Unit has acquired all subsidiary companies of Aimia Foods Limited. Aimia Foods is a privately owned business based in Merseyside, United Kingdom with revenues of approximately $110M for the twelve months ending March 31. The purchase price includes the payment of approximately $80M at closing plus an adjustment for working capital, $33M in deferred consideration payable in September, and on-target earnout consideration of $20M, with a minimum earnout consideration of $13M and a maximum earnout consideration of $27M. The purchase price will be funded through cash on hand and borrowings under Cott's asset based lending facility.
News For COT From The Last 14 Days
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August 1, 2014
09:35 EDTCOTCott Corp. upgraded to Outperformer from Sector Performer at CIBC
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July 31, 2014
08:16 EDTCOTCott Corp. reports Q2 adjusted EPS 17c, consensus 17c
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