C$4.49 -0.0 -0.2%
Last Trade - 26/05/17
Market Cap | £n/a |
Enterprise Value | £n/a |
Revenue | £201.4m |
Position in Universe | th / 2712 |
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