The Online Investor
Department Stores M&A image Department Stores M&A » By The Online Investor Staff, updated Mon., Jul. 4, 11:03 AM Recent mergers and acquisitions in the Department Stores M&A category.

Slide #25. FGL Sports Pro Hockey Life

Acquirer: FGL Sports (TSE:CTC.CA)
Acquiree: Pro Hockey Life
Details: FGL Sports Ltd., a division of Canadian Tire Corporation, Limited (TSX:CTC) (TSX:CTC.a) , today announced that it has entered into an agreement to purchase Pro Hockey Life Sporting Goods Inc., a private company, for $85 million. The transaction follows Canadian Tire's successful acquisition of FGL Sports in 2011 and builds on the Company's strength as Canada's leading sports authority.

Canadian Tire operates through three segments: Retail, Financial Services, and CT REIT. The Retail segment includes Canadian Tire, SportChek, Mark's, PartSource, Petroleum, Helly Hansen and Party City. It also includes the Consumer Brands division which supports the retail banners in the development and acquisition of owned brands and products. The Financial Services segment provides financial and other products and services, including Triangle-branded consumer credit cards, in-store financing, insurance products, and retail and broker deposits. The CT REIT segment comprises CT REIT which owns, develops and leases income-producing real estate properties across Canada.

Open the CTC.CA Page at The Online Investor »

Company Name: 
Canadian Tire Corp Ltd
Website: 
www.investors.canadiantire.ca
Sector: 
Department Stores
 

Open the CTC.CA Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes

Email EnvelopeFree CTC.CA Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Department Stores M&A - Slide 25 of 27 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2022, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.