AIMCo Sells Major Stake in Town Shoes to DSW

Posted on 04/20/2014


Ohio-based DSW Inc. is purchasing a 44% interest in Town Shoes Limited, the biggest Canadian footwear and accessories retailer. DSW is paying C$ 68 million from the Alberta Investment Management Corporation (AIMCo). DSW may purchase additional shares from minority investors as part of the initial investment. In addition, DSW has the option to purchase the […]

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