Updating Calian Group, ATN International and Restaurant Brands International

Article Excerpt

CALIAN GROUP $31.85 (Toronto symbol CGY; TSINetwork Rating: Speculative) (613-599-8600; www.calian. com; Shares outstanding: 7.6 million; Market cap: $242.6 million; Dividend yield: 3.5%) has won contracts for health services valued up to $1 billion. The company successfully renewed contract for the provision of health support services to the Canadian Armed Forces. It also won additional contracts for the provision of health support services to the Royal Canadian Mounted Police and Veterans Affairs Canada. The Health Care Providers Requirements contract with the Canadian Armed Forces is a renewal of the Health Services Support Contract that Calian has held since 2004. The latest deal has an initial term of four years with a value of $275 million. There’s an option to extend the contract for up to eight additional years, which would increase its value to $875 million. Additional contracts with similar terms were simultaneously awarded to Calian for the provision of health support services to the RCMP and Veterans Affairs Canada; those agreements have…