Aecon Group Inc. · TSX:ARE
Aecon — Merger or Acquisition (October 2017)
10 slides from Aecon's merger presentation, Oct 26, 2017
Slide 1: CCCC International Holding Limited (CCCI) Acquisition of Aecon Group Inc.
CCCC International Holding Limited (CCCI) Acquisition of Aecon Group Inc. ANALYST CALL – OCTOBER 26, 2017
Slide 2: Forward-Looking Information
Forward-Looking Information The information in this press release includes certain forward-looking statements. These forward-looking statements are based on currently available competitive, financial and economic data and operating plans but are subject to risks and uncertainties. More particularly
Slide 3: Transaction Overview
Transaction Overview • Acquisition of 100% of Aecon’s issued and outstanding common shares for $20.37 per share in cash, representing an enterprise value of approximately $1.51 billion Consideration • 42% premium to unaffected share price1 • 9.2x EV / LTM EBITDA2 • No financing conditions to closing
Slide 4: Significant Premium to Unaffected Price
Significant Premium to Unaffected Price 42% premium
Slide 5: Joining a Global Leader
Joining a Global Leader CAD $3.2B 12,000 employees US $62B US $5B • • • • • • • • •
Slide 6: Unprecedented Infrastructure Market
Unprecedented Infrastructure Market • • * Figures sourced from Government of Canada 2017 Budget; annualized to calendar year ** Figures sourced from Provincial budget reports
Slide 7: Benefits to Canada
Benefits to Canada ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ 6
Slide 8: Precedent: Success of John Holland
Precedent: Success of John Holland • • • • • • • • • • •
Slide 9: A Tremendous Opportunity
A Tremendous Opportunity • • • • • • • •
Slide 10: Aecon Contact Information
A@CVCON STEPHEN KING Director, Corporate Development & Investor Relations 416.297.2600 x3825 | sking@aecon.com AECON PACIFIC HEADQUARTERS AECON WEST HEADQUARTERS AECON EAST HEADQUARTERS 1055 Dunsmuir Street, Suite 2124 110-9th Avenue SW, Suite 300 20 Carlson Court, Suite 800 Vancouver, BC V7X 1G4 Ca