Cervus Equipment Corp. says it has provided a $10.2-million short-term loan to its chief executive officer, Peter Lacey, who is also the company's largest shareholder, president and chairman of its board.
Proventure Income Fund and Cervus Equipment Corp. (TSX: CVL) announced that they have completed the previously announced sale from Proventure to Cervus of certain real estate assets that Cervus had leased from Proventure for the purposes of operating Cervus' agricultural and construction equipment dealerships for aggregate consideration equal to $25,900,000.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.