All Dorel Industries articles

  • Article

    Dorel will remain on the stock exchange

    2021-02-15T15:00:00Z

    Dorel Industries and Cerberus Capital Management have terminated an agreement in principle that would have allowed the Canadian company to go private. As a result, a meeting of shareholders that was planned for Feb. 16 to endorse the deal has been cancelled. First reached last November, when the ...

  • News briefs

    Two shareholders want more for Dorel

    2021-02-03T18:22:00Z

    Two large institutional shareholders are planning to vote against the sweetened offer to pay 16.00 Canadian share for each share in Dorel Industries made a few days ago by Cerberus Capital Management to take the company private, according to Bloomberg . They say that, while it is higher ...

  • News briefs

    Dorel raises purchase price to go private

    2021-02-01T15:42:00Z

    Cerberus Capital Management has agreed to pay 10.3 percent more than previously planned to acquire control of Dorel Industries – whose assets include major bicycle brands such as Cannondale, Schwinn, GT, Mongoose, Caloi and IronHorse – following exchanges and discussion with shareholders holding more than 50 percent ...