Space and satellite specialist MDA has announced its share price offer for the upcoming IPO. It will offer shares at C$14 per common share, with the target to raise approximately C$400 million. The offer will close on April 7th. The Toronto Stock Exchange has conditionally approved the listing of the Common Shares, subject to the […]

Canada’s MDA, the satellite builder formerly known as MacDonald, Dettwiler & Assoc – but perhaps better known as the builders of the Space Shuttle’s sophisticated ‘Canadarm’ robotic crane and still used on the International Space Station – is mounting an IPO. MDA, founded in 1969 (by Dr John MacDonald and Vern Dettwiler) also helped build […]