Groupe Dynamite launches IPO with shares priced between $19 and $23 each
Advertisement
Read this article for free:
or
Already have an account? Log in here »
To continue reading, please subscribe:
Digital Subscription
One year of digital access for only $205*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*First annual payment billed as $205.00 + GST for one year. This annual subscription will automatically renew at $233.00 + GST every 52 weeks (10% off the regular annual price of $259.35). Offer available to new and qualified returning subscribers only. Cancel any time.
To continue reading, please subscribe:
Add Free Press access to your Brandon Sun subscription for only an additional
$1 for the first 4 weeks*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Your next Brandon Sun subscription payment will increase by $1.00 and you will be charged $17.95 plus GST for four weeks. After four weeks, your payment will increase to $24.95 plus GST every four weeks.
Read unlimited articles for free today:
or
Already have an account? Log in here »
Hey there, time traveller!
This article was published 11/11/2024 (636 days ago), so information in it may no longer be current.
Retailer Groupe Dynamite Inc. says shares up for grabs in an initial public offering it launched will be priced between $19 and $23.
The Montreal-based company’s IPO will see 14.3 million subordinate voting shares issued through a secondary offering.
Selling shareholders are expected to also grant underwriters an option to acquire up to an additional 2.1 million subordinate voting shares to cover over-allocations.
Groupe Dynamite is best known for running womenswear retailers Garage and Dynamite.
The brands are both mall stalwarts with a combined 300 stores across Canada and the U.S.
The offering is being underwritten by a syndicate led by Goldman Sachs Canada Inc., BMO Nesbitt Burns Inc., RBC Dominion Securities Inc. and TD Securities Inc.
This report by The Canadian Press was first published Nov. 11, 2024.