Post by
Possibleidiot01 on Oct 07, 2023 8:52pm
Neighbourly Pharmacy privatization
Does anybody see the NBLY privatization as a precedent for what could happen with Dentalcorp?
Large shareholder in place -like Neighbourly majoroty holder , L. Chatteron -41.25%.
TORONTO, Ontario and GREENWICH, Conn. - April 30, 2018 - Dental Corporation of Canada Holdings Inc. (“dentalcorp” or the “Company”), the largest network of general and specialist dental clinics in Canada, is pleased to announce today a significant strategic investment by L Catterton, the largest and most global consumer-focused private equity firm in the world. Imperial Capital Group Ltd. and OPTrust Private Markets Group, together with management and dentalcorp’s dentist shareholders, will continue to hold a significant equity interest in the Company. Financial details of the transaction have not been disclosed.
Comment by
Trooper01 on Oct 10, 2023 10:57am
Seeing the volume on the stock lately there is a very godd chance that happens imo
Comment by
Kanatainvestor on Oct 11, 2023 2:46pm
It is worth noting that NBLY is trading at 11% discount to the offer price today. This is 30%+ annual return with the deal closing in 90 days. The chances for the deal not closing is very low considering the dominant ownership position of the buyer, unanimous board approval, and the equity + debt nature of the buyout.