Monday, 2 May 2016

Post-Mortem: Business Questions

  • Allstream was sold to Zayo Group (see my post Allstream Sale).  Last September, I said there was 65% chance that Allstream would be sold by the end of this August, and a 15% (unconditional) chance that Allstream would be sold to some company other than Rogers, Bell, or Telus.  As usual, I might have given the "Other" option too small of a chance.
  • Rexall is being acquired by McKesson Corp. (see my post Rexall Acquisition).  Last September, I said there was a 15% chance that Rexall would be acquired by the end of 2016.  I'm not sure this wasn't a bad estimate; acquisitions aren't that common, and there didn't seem to be any specific information suggesting that Rexall was going to be acquired soon.
  • The Canadian Oil Sands Acquisition by Suncor has closed.  Last October, I said there was a 50% chance that Canadian Oil Sands would be acquired by the end of 2016, and a 20% chance that Suncor would acquire them.  Given that Suncor was actively pursing Canadian Oil Sands at the time, these numbers may have been a bit low.
  • The Corus-Shaw Deal has closed.  In March, before it received regulatory approval, I said there was a 75% chance it would close, which seems reasonable.
  • The CP-NS merger has been called off.  I said there was a 20% chance the merger would go through in 2016, which seems reasonable.

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