Bird Construction (TSE:BDT) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Bird Construction Inc. has announced the acquisition of Jacob Bros Construction, a significant player in British Columbia’s civil infrastructure market, for $135 million. The deal is anticipated to boost Bird’s adjusted earnings per share by 10% and expand its presence with a focus on specialized, high-margin projects. This strategic move is expected to provide Bird with access to larger-scale projects and enhance career opportunities for its employees.
For further insights into TSE:BDT stock, check out TipRanks’ Stock Analysis page.
