The Reject Shop finds a pot of gold at the end of a Canadian rainbow
Dollarama’s cash bid for the ASX minnow resulted in a big premium from a strategic buyer with no regulator risk – shut up and take shareholders’ money.
After limping along on the ASX for 20 years and getting less and less relevant to investors’ portfolios, the discount retailer has been hit on the backside by a giant Canadian rainbow.
Loading...
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
