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Moto blog

BRP to go Public with IPO

Bombardier Recreational Products has filed a preliminary prospectus with the necessary securities regulatory bodies in Canada for a proposed initial public offering of subordinate voting shares. Should things go according to plan, non-controlling shares of the company will be available on the Toronto Stock Exchange. The Financial Post reports BRP hopes to raise CN$250 million (US$243 million).

BRP to Raise CN$262.3 Million with Initial Public Offering

Bombardier Recreational Products announced an initial public offering price of CN$21.50 per share when the company goes public. At that price ($20.83 in U.S. dollars) for 12,200,000 shares, the IPO would generate proceeds of CN$262.4 million (US$254.8 million) for BRP, the company behind Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft, Evinrude & Johnson outboard engines, and Can-Am‘s ATVs, side-by-sides and Spyder three-wheeled roadsters.

John Cusack rides Can-Am Spyder across Ireland

Irish-American actor John Cusack recently completed a tour of Ireland on a Can-Am Spyder roadster. The star of such films as Runaway Jury, High Fidelity and Grosse Point Blank was in Ireland for his grandmother’s 80th birthday. After the celebrations, Cusack hopped on his Spyder and toured Ireland with his family, visiting places such as Dublin, Kenmare and Galway.