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Canada: Sears Canada confirms real estate transaction

Canada: Sears Canada confirms real estate transaction

Noviembre 23, 2016

👤Periodista: María Alejandra Lopez 🕔23.Nov 2016

 

Sears Canada (SRSC -3%) has entered into a definitive agreement for a real estate transaction for proceeds to the company of $70M, as previously disclosed in its Q2 earnings report.

Read AlsoSobeys boycott ends after company agrees to racial profiling training

The transaction is expected to close in early December and will not result in any store closures.

Source: Seeking Alpha 

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