Brief: Autocanada Announces Strategic Divestiture Of Two Stores To Enhance Focus On Core Operations
10/09/2024 23:12
AutoCanada Inc ACQ.TO :
* AUTOCANADA ANNOUNCES STRATEGIC DIVESTITURE OF TWO STORES
TO
ENHANCE FOCUS ON CORE OPERATIONS
* AUTOCANADA INC - TRANSACTION EXPECTED TO BE IMMEDIATELY
ACCRETIVE TO EBITDA MARGIN AND EPS
* AUTOCANADA INC - PROCEEDS FROM SALE WILL BE USED TO REDUCE
AMOUNT OUTSTANDING UNDER COMPANY'S REVOLVING CREDIT
Source text for Eikon: ID:nCNWXsdDsa
Further company coverage: ACQ.TO
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