Sirius XM Canada Holdings Inc logo

XSR - Sirius XM Canada Holdings Inc News Story

C$4.49 -0.0  -0.2%

Last Trade - 26/05/17

Sector
Consumer Cyclicals
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £201.4m
Position in Universe th / 2712

Sirius XM to take Sirius XM Canada private

Fri 13th May, 2016 11:31am
May 13 (Reuters) - Sirius XM Canada Holdings Inc  XSR.TO  
said on Friday that Sirius XM Holdings Inc  SIRI.O , its biggest 
shareholder, along with other shareholders would take the 
company private for about C$351 million ($273 million). 
    Sirius XM Canada's shareholders will receive C$4.50 per 
share in cash or stock for each share they own, representing a 
premium of 6.4 percent to the stock's closing price on Thursday. 
 urn:newsml:reuters.com:*:nCNWTr8vwa 
    Sirius XM Canada had an equity value of about C$443 million 
as of Thursday's close. 
    Sirius XM Holdings owned about 32 percent of Sirius XM 
Canada as of Dec. 9, according to Thomson Reuters data. 
 ($1 = C$1.29) 
 
 (Reporting by Anet Josline Pinto in Bengaluru; Editing by Savio 
D'Souza) 
 ((AnetJosline.Pinto@thomsonreuters.com; within U.S. +1 646 223 
8780, outside U.S. +91 99 1694 7070; Reuters Messaging: 
AnetJosline.Pinto.thomsonreuters.com@reuters.net)) 
 
Keywords: SIRIUS XM CANADA M&A/SIRIUS XM HOLDINGS
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