Green light for The Reject Shop takeover plan
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Green light for The Reject Shop takeover plan
The Federal Court has approved The Reject Shop’s proposal for acquisition by Dollarama to be carried out through a scheme of arrangement. The scheme will become legally effective Tuesday (July 1) when The Reject Shop is expected to lodge a copy of the court orders with the Australian Securities and Investments Commission (Asic). The retailer will also request that the quotation of its shares be suspended on the ASX from the close of trading the…
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