News Formal

Ontario court gives The Body Shop Canada approval to sell majority of business

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 14 sec. here
  • 49 min. at publisher
  • 📊 Quality Score:
  • News: 173%
  • Publisher: 92%

Canadian News Nachrichten

Canada News,Breaking News Video,Canadian Breaking News

By the time the transaction closes, documents say about 600 employees, including 100 seasonal workers, will be issued termination notices, but roughly 500 will be rehired by the new owner

An Ontario court has given The Body Shop Canada the approval it needs to sell the majority of its business to a private equity firm.

Court documents show 59 properties owned by The Body Shop Canada will be purchased by Serruya. The Body Shop Canada had 72 stores earlier in the year and lawyers acting on its behalf say those not acquired will be liquidated after the deal closes Monday.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 5. in DE
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Ontario Invests $2.5 Million in Northern Ontario Film and Television IndustryThe Northern Ontario Heritage Fund Corporation (NOHFC) is committing $2.5 million to boost the film and television industry in northern Ontario, creating jobs and supporting local talent. Projects such as 'Driven' and 'The Embers and The Stars' are benefiting from this support.
Herkunft: SooToday - 🏆 8. / 85 Weiterlesen »