News
Lassonde Industries Inc. (TSX: LAS.A) (“Lassonde”) announces that is has obtained $15 million in additional financing related to its acquisition of Clement Pappas and Company, Inc. completed onAugust 12, 2011. The unsecured financing was provided by two Canadian financial institutions to a subsidiary of the Company and includes a $5 million participating loan and a $10 million conventional loan at an […]
Lassonde Industries Inc. (TSX: LAS.A) (“Lassonde”), along with members of the Pappas and Lassonde families, has completed the previously announced acquisition of Clement Pappas and Company, Inc. (“Clement Pappas”), for a total cash consideration of US$400.9 million, including a US$10.9 million preliminary adjustment to net working capital, subject to additional adjustments. Lassonde has a beneficial ownership of 70.7% […]
Lassonde Industries Inc. (TSX: LAS.A) generated $146.9 million in sales for the second quarter of 2011, up 10.2% from the same quarter of 2010. The Company’s profit stood at $6.4 million, down $0.5 million from 2010. It should be noted that expenses related to the pending acquisition of Clement Pappas and Company, Inc. have had a total after-tax […]
Lassonde Industries Inc. (TSX: LAS.A) is pleased to announce that, in accordance with its dividend policy, holders of Class A and Class B common shares registered as at August 24, 2011, will receive a quarterly dividend of $0.30 per share, payable on September 15, 2011. The dividend is an eligible dividend.
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Lassonde Industries Inc. (TSX: LAS.A) (“Lassonde“) announces the closing of its previously announced private placement of subscription receipts. Lassonde has sold 420,000 subscription receipts at a price of C$75.00 per subscription receipt for a total offering size of C$31,500,000. BMO […]
/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ Lassonde Industries Inc. (TSX: LAS.A) (“Lassonde“) is pleased to announce that it has priced its previously announced private placement of subscription receipts. Lassonde will sell 420,000 subscription receipts at a price of C$75.00 per subscription receipt for a total offering […]
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Lassonde Industries Inc. (TSX: LAS.A) announced today that it has engaged BMO Capital Markets, as sole placement agent, to sell, by way of private placement, approximately $30 million of subscription receipts. The net proceeds of the offering will be used […]
Lassonde Industries, one of Canada’s leading marketers and manufacturers of fruit juices and drinks, combines with a leading U.S. producer of store brand fruit juices and drinks. The transaction will create a major North American manufacturer in the fruit juice and drink category with coast-to-coast presence in Canada and the U.S. Lassonde Industries and Clement […]