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What will be Albion's business status by December 31, 2024?
3
Resolution / Starting Odds
Operating with new licenses • 25%
Operating without licenses • 25%
Ceased operations • 25%
Under new ownership • 25%
Public records or announcements from Albion or the Ontario home construction regulator
Story
Ontario Regulator Lays 124 Charges, Seeks Restraining Order Against Builder Albion
Sep 13, 2024, 06:00 AM
An Ontario home construction regulator has laid 124 charges against the Toronto-based builder Albion and is seeking a restraining order. The charges stem from allegations that Albion was constructing and selling homes without the necessary licenses. This action is part of the regulator’s largest investigation to date.
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Operations resume fully • 25%
Operations resume partially • 25%
Operations remain suspended • 25%
Other • 25%
Remains Public • 25%
Goes Private • 25%
Merged with Another Company • 25%
Other Outcome • 25%
Remains Independent • 25%
Acquired by Domestic Entity • 25%
Acquired by Foreign Entity • 25%
Other • 25%
Fully owned by Stonepeak • 25%
Partially owned by Stonepeak with minority stakeholders • 25%
Joint venture with another investment firm • 25%
Ownership structure unchanged • 25%
Merger completed • 25%
Merger delayed • 25%
Merger canceled • 25%
Other outcome • 25%
Sold to Nexus Capital Management • 25%
Sold to another party • 25%
No sale, continue liquidation • 25%
Other outcome • 25%
Fully Privatized • 25%
Partially Privatized • 25%
Not Privatized • 25%
Privatization Delayed • 25%