Category : Corporate News


Dave's Hot Chicken Explores European Franchise Sale

Dave's Hot Chicken, the popular fried chicken chain with investment from rapper Drake, is exploring a sale of its European franchise rights. The move comes as celebrity-backed food chains continue to attract significant investor interest.

Charlesbank Buys Stake in Overbay Capital

Boston-based Charlesbank Capital Partners has agreed to purchase a stake in Toronto's Overbay Capital Partners, valuing the Canadian secondaries firm at $200 million. The deal highlights growing interest in the secondary private equity market.

Canada's Auto Exports Hit Multi-Year Low

Canadian automotive exports have declined significantly, reaching their lowest point in years due to shifting market dynamics and global economic pressures.

Local Suppliers React to L'Oca Grocery Closure in Edmonton

Edmonton-based suppliers are evaluating their financial and operational stability after the unexpected shutdown of L'Oca grocery store, raising concerns over local business dependencies and economic ripple effects in the community.

RBC Acquires Fintech Firm Pinch Financial

Royal Bank of Canada has acquired fintech company Pinch Financial, expanding its digital financial services portfolio. The terms of the deal were not immediately disclosed.

Roots Sale: Canadian Tire May Bid for Iconic Canadian Brand

Roots Corp. has initiated a strategic review that could lead to a sale, with Canadian Tire or other Canadian companies potentially making bids. The iconic brand faces challenges connecting with younger consumers despite steady growth.

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