BRP puts marine businesses up for sale
BRP Launches Process for the Sale of its Marine Businesses
BRP Inc. (TSX: DOO) (NASDAQ: DOOO) today announced that it is initiating a process for the sale of its Marine businesses namely Alumacraft, Manitou, Telwater (Quintrex, Stacer, Savage and Yellowfin),
BRP puts marine business on the block to 'double down' on powersports
BRP Inc. has put its marine businesses up for sale as it looks to focus on powersports products and cut the cable to its money-losing boat brands. The Valcourt, Que.-based Ski-Doo maker said Thursday it hopes to sell Alumacraft, Manitou and Telwater — all boat makers — as well as its marine parts, accessories and apparel businesses by May 2025.
BRP Inc. to Sell Off its Marine Businesses Excluding Sea-Doo
BRP, Inc. is initiating a process for selling its Marine businesses—Alumacraft, Manitou, Telwater (Quintrex, Stacer, Savage and Yellowfin), and Marine parts, accessories and apparel. This process excludes all activities related to its Sea-Doo personal watercraft, Sea-Doo Switch pontoons and jet propulsion systems.
BRP Shifts Focus, Plans Sale of Marine Businesses
BRP (TSE:DOO) has released an update. BRP Inc. has announced plans to sell its Marine businesses, including brands like Alumacraft and Manitou, as it shifts focus towards bolstering its Powersports segment amid challenging economic conditions.
BRP puts marine businesses up for sale as it looks to focus on powersports
VALCOURT, Que. - BRP Inc. has put its marine businesses up for sale as it looks to focus on its powersports operations. The company says it is looking to sell its Alumacraft, Manitou, Telwater and marine parts, accessories and apparel businesses.
BRP looks to sell its Marine businesses
BRP (NASDAQ:DOOO) said it is looking to sell its Marine businesses namely Alumacraft, Manitou, Telwater, and Marine parts, accessories and apparel. The firm added, the process will exclude all activities related to its Sea-Doo personal watercraft,
BRP's move to sell marine businesses should boost near-term profitability: RBC
The sale "will allow BRP to focus on solidifying its already strong positioning within the global powersports industry," it says.
Ski-Doo Maker BRP Looks to Shed Struggling Marine Brands
Sea-Doo and Ski-Doo maker BRP said it intends to sell off the majority of its marine businesses, which have been weighed down ...
autofinancenews1d
BRP pulls back from marine
Canadian powersports manufacturer Bombardier Recreational Products has initiated a plan to shed portions of its marine ...
The Globe and Mail3d
BRP putting marine business up for sale, minus Sea-Doo assets
BRP Inc. DOO-T is putting the bulk of its marine business up for sale as it wrestles with a postpandemic brew of softening ...
Barchart on MSN3d
BRP vs. Polaris: The Better Buy of the 2 Downtrodden Leisure Stocks
If you’re bearish by nature, yesterday was a terrible day in the markets. The 52-week highs outnumbered the 52-week lows by ...
Falls Church News-Press2d
Ms. Virginia Brings Relief to Dominion Hospital Patients
On World Mental Health Day, October 10, the News-Press joined Taylor Ragano, Ms. Virginia North America 2024, as she visited ...
2 Bargain Stocks Nearing 52-Week Lows: Get Them Before They Bounce
Quality TSX stocks such as Alimentation Couche-Tard and BRP are trading at a discount to consensus price target estimates.
USNI3d
U.S. and Philippines Hold Naval Drills with Allies in the South China Sea
The Philippines and its allies, including Canada, Japan and the U.S., kicked off the maritime phase of Exercise Sama Sama ...
BRP Inc. (NASDAQ:DOOO) Sees Significant Growth in Short Interest
BRP Inc. (NASDAQ:DOOO – Get Free Report) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 2,170,000 shares, a growth of 21.9 ...