Dollarama to buy retailer reject shop for twice market value

Bloomberg

03-27

Canada’s Dollarama Inc. has agreed to buy Australian discount retailer Reject Shop Ltd. in a deal pitched at a more than 100% premium.

The A$259 million ($163 million) offer values Reject Shop shares at A$6.68 each, more than double Wednesday’s closing price of A$3.15, the companies said Thursday.

Reject Shop shares surged as much as 111% in early Sydney trading, the biggest gain on record.

Reject Shop is Australia’s largest discount retailer with more than 390 stores nationwide, selling a range of private-label and global branded goods, from Colgate toothpaste to homewares and pet food. Dollarama has more than 1,600 outlets in Canada and owns a 60% stake in Latin American discount retailer Dollarcity.

“We are excited about the opportunities that this transaction presents,” Reject Shop Chief Executive Officer Clinton Cahn said in the statement. “There is strong cultural alignment between our teams and we look forward to working alongside the Dollarama team.”

UBS Securities Australia Ltd. is advising Reject Shop and National Bank Financial Inc. is advising Dollarama.

Reject Shop’s largest shareholder, Kin Group, which owns a 20.8% stake, intends to accept the offer.

©2025 Bloomberg L.P.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2522321827"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2522321827\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2522321827?lang=zh_TW&edition=fundamental","thumbnail":"https://cloudfront-us-east-1.images.arcpublishing.com/bellmediainc/XRTQORY4AOPTGGIBNGPRINZ3VA.jpg","is_english":true,"pubTime":"2025-03-27 18:04","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2522321827","market":"nz","top_or_hot":-1,"title":"Dollarama to buy retailer reject shop for twice market value","media":"Bloomberg","content":"<html><body><article><p>Canada’s Dollarama Inc. has agreed to buy Australian discount retailer Reject Shop Ltd. in a deal pitched at a more than 100% premium. </p><p>The A$259 million ($163 million) offer values Reject Shop shares at A$6.68 each, more than double Wednesday’s closing price of A$3.15, the companies said Thursday. </p><p>Reject Shop shares surged as much as 111% in early Sydney trading, the biggest gain on record.  </p><p>Reject Shop is Australia’s largest discount retailer with more than 390 stores nationwide, selling a range of private-label and global branded goods, from Colgate toothpaste to homewares and pet food. Dollarama has more than 1,600 outlets in Canada and owns a 60% stake in Latin American discount retailer Dollarcity.  </p><p>“We are excited about the opportunities that this transaction presents,” Reject Shop Chief Executive Officer Clinton Cahn said in the statement. “There is strong cultural alignment between our teams and we look forward to working alongside the Dollarama team.”  </p><p>UBS Securities Australia Ltd. is advising Reject Shop and National Bank Financial Inc. is advising Dollarama. </p><p>Reject Shop’s largest shareholder, Kin Group, which owns a 20.8% stake, intends to accept the offer. </p><p>©2025 Bloomberg L.P.</p></article></body></html>","source":"bnn_bloomberg_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dollarama to buy retailer reject shop for twice market value</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDollarama to buy retailer reject shop for twice market value\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Bloomberg</strong><span class=\"h-time small\">2025-03-27 18:04</span>\n</p>\n</h4>\n</header>\n<article>\n<html><body><article><p>Canada’s Dollarama Inc. has agreed to buy Australian discount retailer Reject Shop Ltd. in a deal pitched at a more than 100% premium. </p><p>The A$259 million ($163 million) offer values Reject Shop shares at A$6.68 each, more than double Wednesday’s closing price of A$3.15, the companies said Thursday. </p><p>Reject Shop shares surged as much as 111% in early Sydney trading, the biggest gain on record.  </p><p>Reject Shop is Australia’s largest discount retailer with more than 390 stores nationwide, selling a range of private-label and global branded goods, from Colgate toothpaste to homewares and pet food. Dollarama has more than 1,600 outlets in Canada and owns a 60% stake in Latin American discount retailer Dollarcity.  </p><p>“We are excited about the opportunities that this transaction presents,” Reject Shop Chief Executive Officer Clinton Cahn said in the statement. “There is strong cultural alignment between our teams and we look forward to working alongside the Dollarama team.”  </p><p>UBS Securities Australia Ltd. is advising Reject Shop and National Bank Financial Inc. is advising Dollarama. </p><p>Reject Shop’s largest shareholder, Kin Group, which owns a 20.8% stake, intends to accept the offer. </p><p>©2025 Bloomberg L.P.</p></article></body></html>\n<div class=\"bt-text\">\n\n\n<p> 來源：<a href=\"https://www.bnnbloomberg.ca/business/international/2025/03/27/dollarama-to-buy-retailer-reject-shop-for-twice-market-value/\">Bloomberg</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XAO.AU","symbol_name":"標普/澳交所 普通股指數","start_time":0,"source_url":"https://www.bnnbloomberg.ca/business/international/2025/03/27/dollarama-to-buy-retailer-reject-shop-for-twice-market-value/","article_id":"2522321827","we_media_id":null,"thumbnails":["https://cloudfront-us-east-1.images.arcpublishing.com/bellmediainc/XRTQORY4AOPTGGIBNGPRINZ3VA.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2522321827","pubTimestamp":1743069891,"columns":[],"sourceInfo":{"source_id":"bnn_bloomberg_highlight","name":"Bloomberg"},"weMediaInfo":null,"summary":"Canada’s Dollarama Inc. has agreed to buy Australian discount retailer Reject Shop Ltd. in a deal pitched at a more than 100% premium.","collect":0,"end_time":0,"defaultTopTitle":"bnnbloomberg.ca","property":[],"viewcount":null,"language":"en","relate_stocks":{"XAO.AU":"标普/澳交所 普通股指数","XJO.AU":"标普/澳交所 200指数","XKO.AU":"标普/澳交所 300指数"},"translate_title":"Dollarama将以两倍市值收购零售商reject shop","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XAO.AU":0.9,"XJO.AU":0.9,"XKO.AU":0.9},"content_text":"Canada’s Dollarama Inc. has agreed to buy Australian discount retailer Reject Shop Ltd. in a deal pitched at a more than 100% premium. The A$259 million ($163 million) offer values Reject Shop shares at A$6.68 each, more than double Wednesday’s closing price of A$3.15, the companies said Thursday. Reject Shop shares surged as much as 111% in early Sydney trading, the biggest gain on record.  Reject Shop is Australia’s largest discount retailer with more than 390 stores nationwide, selling a range of private-label and global branded goods, from Colgate toothpaste to homewares and pet food. Dollarama has more than 1,600 outlets in Canada and owns a 60% stake in Latin American discount retailer Dollarcity.  “We are excited about the opportunities that this transaction presents,” Reject Shop Chief Executive Officer Clinton Cahn said in the statement. “There is strong cultural alignment between our teams and we look forward to working alongside the Dollarama team.”  UBS Securities Australia Ltd. is advising Reject Shop and National Bank Financial Inc. is advising Dollarama. Reject Shop’s largest shareholder, Kin Group, which owns a 20.8% stake, intends to accept the offer. ©2025 Bloomberg L.P.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":1}}}