tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

BRP Inc. acknowledges ACCC decision opposing sale of its Telwater business

BRP Inc. (DOO) acknowledged the Australian Competition and Consumer Commission’s – ACCC – decision to oppose the proposed sale of Telwater Pty to Yamaha Motor Australia , a subsidiary of Yamaha Motor Co. BRP is considering the ACCC’s decision and will be evaluating all available options to determine the best path forward. In light of the ACCC’s decision, BRP remains the owner of Telwater, and will continue to operate this business. Given the size of Telwater’s business, BRP confirms this will have no impact on its Fiscal Year 2026 financial guidance.

Claim 50% Off TipRanks Premium and Invest with Confidence

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1