Canadian Tire Corporation, Limited said it completed its acquisition of The Forzani Group Ltd. Its subsidiary FGL Acquisition Co Limited successfully
acquired the 905,853 remaining Class “A” shares of
The Forzani Group Ltd. not already owned by the offeror and its affiliates, representing approximately 3 percent of the issued
and outstanding common shares.
As a result of the acquisition of such shares, Canadian Tire now owns
100 percent of the issued and outstanding common shares of Forzani.
The Common Shares of Forzani have been de-listed from the Toronto Stock
Exchange, and Forzani has applied to all relevant securities
commissions to cease to be a reporting issuer in all applicable
jurisdictions in Canada.
