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Rogers Sugar Inc (RSI.TO)

RSI.TO on Toronto Stock Exchange

6.33CAD
13 Dec 2017
Change (% chg)

$0.00 (+0.00%)
Prev Close
$6.33
Open
$6.31
Day's High
$6.37
Day's Low
$6.31
Volume
88,906
Avg. Vol
207,951
52-wk High
$6.94
52-wk Low
$5.90

Latest Key Developments (Source: Significant Developments)

L.B. Maple Treat Corpo acquires Decacer
Monday, 20 Nov 2017 

Nov 20 (Reuters) - Rogers Sugar Inc :L.B. Maple Treat Corporation acquires Decacer.Rogers Sugar-announces acquisition by l.b. Maple treat corporation of 9020-2292 quebec (operated as decacer) for $40 million from the levasseur family.Rogers Sugar Inc - co‍ drew on its existing $275 million revolving credit facility to finance transaction to acquire decacer​.Rogers Sugar Inc - ‍ rogers sugar expects to realize operational synergies over next 12 to 18 months from acquisition of decacer​.  Full Article

Rogers Sugar to acquire premier growth platform in maple syrup for $160.3 mln
Tuesday, 11 Jul 2017 

July 10 (Reuters) - Rogers Sugar Inc ::Rogers sugar to acquire premier growth platform in maple syrup.Deal for $160.3 million.Rogers Sugar Inc - to finance transaction, corporation entered into an agreement with a syndicate of underwriters to raise approximately $110 million.Rogers Sugar - transaction expected to provide about 10% accretion to rogers sugar's free cash flow per share for the year ending september 30, 2018.Rogers sugar inc - signing of a share purchase agreement with champlain financial corporation inc. To acquire l.b. Maple treat corporation‍​.Rogers Sugar Inc - transaction to be financed with a mix of debt, subscription receipts and convertible debentures.Rogers sugar inc says debentures will bear interest at rate of 5.0% per annum, payable semi-annually, commencing December 31, 2017.Rogers Sugar - to finance transaction, co has entered into agreement with selected banks to increase co's revolving facility by $75 million to $275 million.Rogers Sugar - entered agreement with selected banks in existing banking syndicate to increase corporation's revolving facility by $75 million to $275 million.  Full Article

Rogers Sugar interim report for the 3rd quarter results
Thursday, 28 Jul 2016 

Rogers Sugar Inc : Rogers Sugar Inc interim report for the 3rd quarter 2016 results . Volume for Q3 of fiscal 2016 was 169,481 metric tonnes compared to 160,713 metric tonnes . Qtrly revenues $ 138.6 million versus $130.6 million . Expect total sales volume for current year to surpass fiscal 2015's total volume . Qtrly earnings per share $0.21 .Expect consumer, liquid volume for last quarter to be comparable to last year,after total shipments are adjusted to reflect 13 week period.  Full Article

Rogers Sugar reaches deal with workers union
Monday, 6 Jun 2016 

Rogers Sugar Inc : Says bargaining agreement ratified at Lantic Inc's montreal refinery . Says all production activities will resume ,expects a return to normal activities as soon as possible .Reached a deal with union of Montreal refinery and will be returning to work within next few hours.  Full Article

BRIEF-L.B. Maple Treat Corpo acquires Decacer

* Rogers Sugar-announces acquisition by l.b. Maple treat corporation of 9020-2292 quebec (operated as decacer) for $40 million from the levasseur family