Canada-based BRP Inc. (DOO), Thursday announced that it acknowledges the Australian Competition and Consumer Commission's decision against the proposed sale of Telwater Pty, Ltd. to Yamaha Motor Australia Pty Ltd., a subsidiary of Yamaha Motor Co., Ltd.
In light of this development, BRP remains the owner of Telwater, an Australia-based manufacturer of aluminium boat and trailer packages. The company will continue to operate the business while evaluating all available options to determine the best path forward.
Moreover, BRP has confirmed that the commission's decision will have no impact on the Fiscal Year 2026 financial guidance of Telwater.
In the pre-market hours, DOO is trading at $73.95, down 2.08 percent on the Nasdaq.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.