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BRP to Raise CN$262.3 Million with Initial Public Offering

Bombardier Recreational Products announced an initial public offering price of CN$21.50 per share when the company goes public. At that price ($20.83 in U.S. dollars) for 12,200,000 shares, the IPO would generate proceeds of CN$262.4 million (US$254.8 million) for BRP, the company behind Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft, Evinrude & Johnson outboard engines, and Can-Am‘s ATVs, side-by-sides and Spyder three-wheeled roadsters.

What’s next for Polaris?

Polaris Industries, the parent company of Victory Motorcycles, announced this week it will form a new on-road vehicle division. The official announcement says the new division “maximizes cohesive and strategic growth for Victory Motorcycles and other on-road products and brands”. Which begs the question: what other on-road products and brands?

2013 Long Beach International Motorcycle Show Report

Today the motorcycle press descended upon the Long Beach Convention Center to attend media day at the annual International Motorcycle Show. After feasting from a continental breakfast buffet the discerning journalists set to the task of reporting on the bounty of new model motorcycles – most of which has been previously showcased in our November EICMA reporting. If you missed anything from that show here’s a run down of what to look forward to: Triumph Thunderbird LT Suzuki V-Strom 1000 Can-Am Spyder Royal Enfield Continental GT Zero KTM Super Duke R – KTM confirmed the retail price to be $16,999 BMW R NineT Ducati Monster S 1200 Honda Valkyrie Kawasaki Z1000 Husqvarna A cool item of interest included a reproduction TZ750-powered flat tracker King Kenny Roberts made famous.