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Sleep Country Canada Holdings Inc T.ZZZ

Consumer Cyclical
Sleep Country Canada Holdings Inc. is a Canadian specialty sleep retailer. The Company operates under the retail banners Sleep Country, Dormez-vous, Endy, Silk & Snow, Hush, and Casper Canada. The Company has omnichannel and e-commerce operations, including about 305 corporate-owned stores and 19 warehouses across Canada. Sleep Country is an omnichannel mattress and bedding retailer and a specialty sleep products retailer with a national bricks and mortar footprint and an online presence. Dormez-vous is a retailer specializing in sleep mattresses and accessories in Quebec, having more than 60 stores. Endy is an online sleep brand, offering customers an expanding product assortment to meet their sleep needs. Silk & Snow is a direct-to-consumer sleep retailer of sleep and lifestyle products. Hush provides weighted blankets, mattresses, and a variety of sleep accessories, which are sold through its e-commerce platforms and across numerous retail partners across North America.


TSX:ZZZ - Post by User

Sleep Country Canada Holdings Inc > Fairfax buying ZZZ
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Post by lifeisgood1010on Jul 22, 2024 9:16am
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Post# 36142425

Fairfax buying ZZZ

Fairfax buying ZZZ
Fairfax deploying some cash

Insurance-focused conglomerate Fairfax Financial on Monday agreed to buy retailer Sleep Country Canada Holdings in a deal valued at C$1.7 billion ($1.24 billion).

The offer price of C$35 per share represents a 28 per cent premium to Sleep Country stock’s last close. The company’s shares have risen 6.5 per cent so far this year as of Friday


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