Business
BRP Acknowledges ACCC Decision on the Sale of its Telwater Business to Yamaha Motor Australia
BRP Acknowledges ACCC Decision on the Sale of its Telwater Business to Yamaha Motor Australia ...
About this update from Brp, Inc.
[{"type":"text","content":"\n\n\nBRP Acknowledges ACCC Decision on the Sale of its Telwater Business to Yamaha Motor Australia\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntaj{\nTEXT-ALIGN: JUSTIFY\n}\n\n\n\n\n\nCanada NewsWire\n\n\nVALCOURT, QC and BRISBANE, Australia, Dec. 18, 2025 /CNW/ - BRP Inc. (TSX: DOO) (NASDAQ: DOO) acknowledges the Australian Competition and Consumer Commission's (ACCC) decision to oppose the proposed sale of Telwater Pty, Ltd. (Telwater) to Yamaha Motor Australia Pty Ltd., a subsidiary of Yamaha Motor Co., Ltd.\n\n\n\n\n\n\n\nBRP is considering the ACCC's decision and will be evaluating all available options to determine the best path forward.\nIn light of the ACCC's decision, BRP remains the owner of Telwater, and will continue to operate this profitable business and offer Australian consumers quality and reliable boats through its iconic brands. Given the size of Telwater's business, BRP confirms this will have no impact on its Fiscal Year 2026 financial guidance.\nCAUTION CONCERNING FORWARD-LOOKING STATEMENTS \nCertain statements included in this press release, including statements relating to BRP's consideration of the ACCC's decision and its evaluation of the available options, Telwater's profitability, BRP's intention to continue to operate Telwater's business and BRP's Fiscal Year 2026 guidance, constitute \"forward-looking statements\" within the meaning of applicable securities laws. The words \"may\", \"will\", \"would\", \"should\", \"could\", \"expects\", \"forecasts\", \"plans\", \"intends\", \"trends\", \"indications\", \"anticipates\", \"believes\" \"estimates\", \"outlook\", \"predicts\", \"projects\", \"likely\" or \"potential\" or the negative or other variations of these words or other comparable words or phrases, are intended to identify forward-looking statements. Forward-looking statements, by their nature, involve inherent risks and uncertainties and are based on a number of assumptions, and are subject to important risks and uncertainties, both general and specific, made by BRP in light of its experience and perception of hist...