ACE Aviation Holdings released the final results of its offer to purchase Cdn$1.5 billion of its Class A Variable Voting Shares and Class B Voting Shares, which expired at 5:00 p.m. (Montreal time) on January 10, 2008. Based on final reports from CIBC Mellon Trust Company, the depositary under the offer, ACE confirmed that it has taken up and accepted for purchase and cancellation a total of 40,023,427 Class A Variable Voting Shares and 9,894,166 Class B Voting Shares at Cdn$30.00 per share for an aggregate purchase price of approximately Cdn$1.498 billion in accordance with the terms of the offer. No Convertible Preferred Shares of ACE were deposited on an as converted basis under the offer.
Boeing set to manufacture 184 AH-64E Apaches for the U.S. Army and overseas users
Boeing has confirmed it is to build 184 AH-64E Apaches for the U.S. Army as well as several international customers. This will include the first Apaches for Australia. This latest award, valued at US$1.9 billion, will bring the total current funded value of the contract to US$2.1 billion. Future obligations have the potential to see