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The Globe and Mail Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file . This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Fred Lum/The Globe and Mail The chief executive officer of MDA Ltd. says the rapidly expanding global space economy and shrinking cost of launching satellites provide growth opportunities for the maker of the iconic Canadarm, which is expected to start trading on the Toronto Stock Exchange as early as Wednesday. The Brampton, Ont.-based MDA, once known as MacDonald, Dettwiler and Associates, has cut the size and price of its initial public offering as Canada’s red-hot market for high-growth technology IPOs has cooled. The space equipment company laid out plans in March to raise $500-million and price its shares at $16 to $20 each, but reduced the deal to $400-million and the price to $14 a ....
Canadarm maker MDA cuts size of IPO to $400-million, stock set to trade next week theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.