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Dollarama ups stake in Latin American business Dollarcity, plans expansion to Mexico

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Dollarama News

Quarter,Cent,Dollarcity

The Montreal-based company says it acquired the additional stake in exchange for 6,060,478 Dollarama common shares

has increased its stake in Latin American retailer Dollarcity to 60.1 per cent with the acquisition of an additional 10 per cent interest.

Dollarama also has acquired an option to buy an additional 9.89 per cent stake in Dollarcity at any time on or before Dec. 31, 2027.

 

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Dollarama ups stake in Latin American business Dollarcity, plans expansion to MexicoMONTREAL — Dollarama Inc. has increased its stake in Latin American retailer Dollarcity to 60.1 per cent with the acquisition of an additional 10 per cent...
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