August 11, 2017

https://www.northernontariobusiness.com/regional-news/far-north-ring-of-fire/marten-falls-meets-the-miners-694389

Participating in the symposium on the corporate side were Aecon, ATCO, Bold Resources, Greenstone Gold, KWG Resources, Noront Resources, and Wabassi Resources.

================================================================

Also, Last summer Aecon put itself up for sale.

==================================================================

August 21, 2017, wynne puts out a ROF road announcement and ceremony

+++++++++++++++++++++++++++++++++++++++++++++++++++++

Two days later the  FN's do a 360 degree turn.

=====================================================

Were there "rumblings" about a potential Aecon suitor?

+++++++++++++++++++++++++++++++++++++++++++++++++++

Oct. 26, 2017, it's reported  Aecon Group Inc. has signed a deal to be acquired for $1.5 billion by CCCC International Holding Ltd. of China, subject to shareholder and government approvals.

CCCC International has agreed to pay $20.37 per Aecon share in cash to buy the Canadian construction company, which said in August that it was looking for potential buyers.

But when did the deal first rear its head? August maybe....

=======================================================================

A few weeks ago this came out:

http://business.financialpost.com/news/more/aecon-deal-in-regulatory-overtime-as-trudeau-weighs-extra-review

`in a statement Monday, Aecon pushed the “outside date” to complete its plan of arrangement with a unit of China Communications Construction Co. to March 30, from Feb. 23, after the government “ordered a continuation of the national security review of the proposed acquisition.” It still expects the deal to close by the end of the second quarter, “assuming the satisfaction or waiver” of remaining conditions.``

Considering this strategic partnership below...can we guess that when Coutts stated the FN`s will be the proponents of the road...Aecon would be involved..

http://www.aecon.com/Media_Room/~1307-Aecon-announces-strategic-partnership-with-Matawa-First-Nations

Since Aecon pushed the date out to March 30 as per gov`t orders, maybe we`ll hear something about this takeover very soon

And in the case of Essar Agloma in the Sault the deadline there is March 31

I still find this NR so strange: How do you acquire this CHP plant from Brookfield renewable... when you are in Chapter 11 and lenders are in talks with the unions. 

Would you sell an asset for millions to a company in chapter 11

Since the debt holders are secured...they must have given permission for the sale.

Talks must be going good in regards to the buying of the company

http://www.saultstar.com/2018/03/15/algoma-acquires-combined-heat-and-power-plant