Andrew Willis has an interesting article “Bain puts on a clinic at Dollarama“,
Bain Capital is putting on a clinic in how to exit an investment, as the private equity fund begins to sell down its stake in retailer Dollarama.
Boston-based Bain and Dollarama’s management team took $250-million off the table on Monday by selling 11.65 million shares to investment banks at $21.50 each. The bought deal could be bumped up to $288-million if there is investor demand for this stock.
