Skip to main content

Dollarama Inc(DOL-T)
TSX

Today's Change
Real-Time Last Update

DOLLARAMA INCREASES EQUITY INTEREST AND EXPANDS PARTNERSHIP IN LATIN AMERICA

Newswire.ca - Wed Jun 12, 5:30AM CDT

MONTREAL, June 12, 2024 /CNW/ -ย Dollarama Inc. (TSX: DOL) ("Dollarama" or the "Corporation") announced today that it has acquired an additional 10.0% equity interest in Latinย American value retailer Dollarcity in exchange for the issuance of 6,060,478 common sharesย of Dollarama. As a result, Dollarama now owns a 60.1% equity interest in Dollarcity and has an option to purchase an additional 9.89% equity interest at any time on or before Decemberย 31,ย 2027.

Read more at newswire.ca

Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.