MONTREAL, Aug. 15, 2019 /CNW Telbec/ - Dollarama Inc.
(TSX: DOL) ("Dollarama" or the "Corporation") announced today the
closing of its acquisition of a 50.1% interest in Latin American
value retailer Dollarcity announced on July 2, 2019, thereby
establishing a compelling second growth platform, in complement to
its Canadian growth strategy.
For more details on the terms of the transaction, please consult
Dollarama's press release dated July 2,
2019 available in the Investor Relations/News section of the
Corporation's website at www.dollarama.com.
About Dollarama
Dollarama is a recognized Canadian value retailer offering a
broad assortment of consumable products, general merchandise and
seasonal items both in-store and online. Our 1,236 locations across
Canada provide customers with
compelling value in convenient locations, including metropolitan
areas, mid-sized cities and small towns. Select consumable and
general merchandise products are also available by the full case
only through our online store at www.dollarama.com. Our quality
merchandise is sold at select, fixed price points up to
$4.00.
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SOURCE Dollarama Inc.