financetom
Business
financetom
/
Business
/
BRP Says Bain Capital Sells 1.5M Shares for $136.1 Million in Secondary Offering
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
BRP Says Bain Capital Sells 1.5M Shares for $136.1 Million in Secondary Offering
Sep 12, 2025 6:45 AM

09:21 AM EDT, 09/12/2025 (MT Newswires) -- BRP (DOO.TO) reported Friday the closing of a bought deal secondary offering with principal shareholder Bain Capital Integral Investors II.

In the offering, Bain Capital sold 1.5 million subordinate voting shares of BRP at $90.71 each for $136.1 million in proceeds.

BRP said it did not receive any proceeds from the offering.

Upon closing, Bain and its affiliates held 10,496,629 multiple voting shares of BRP, representing 14.35% of the issued and outstanding shares of the company and about 24.39% of the voting power attached to all of the shares.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Walker Lane Resources Reports Unusual Trading Activity, Cites Possible Short Selling Tactic
Walker Lane Resources Reports Unusual Trading Activity, Cites Possible Short Selling Tactic
Apr 3, 2025
08:05 AM EDT, 04/03/2025 (MT Newswires) -- Walker Lane Resources (WLR.V) reported Thursday unusual trading activity of its common shares that appears to have begun on March 27. The company said some of the recent market transactions could be an organized short selling tactic, and it cannot determine any other explanation for the unusual downside trading activity. Walker Lane said...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Papa Johns wants AI to transform pizza ordering
Papa Johns wants AI to transform pizza ordering
Apr 3, 2025
(Reuters) - Papa John's International wants to inject artificial intelligence technology into how its customers order pizza through an expanded partnership with Google Cloud, the chain said on Thursday. The company's plan is to put a personalized touch - based on past customer behavior and other context - onto phone push notifications suggesting orders, marketing emails, and loyalty program offerings....
Analysis-Mining consolidation to speed up as Chinese demand growth slows
Analysis-Mining consolidation to speed up as Chinese demand growth slows
Apr 3, 2025
LONDON (Reuters) - Joint ventures and asset sales are expected to accelerate in the mining industry, which is ripe for consolidation due to the slowdown in manufacturing and demand growth for industrial metals, particularly in top consumer China. However, full-scale mergers and acquisitions activity among diversified miners could be hampered for now by prohibitive high costs and significant chances of...
Copyright 2023-2026 - www.financetom.com All Rights Reserved