Has entered into a sale-leaseback transaction for its factory and warehousing facility in Columbus, Indiana. The gross proceeds to Dorel from the sale will be US$30 million, of which approximately US$8 million will be allocated to reduce existing debt, with the balance designated for funding the Company’s ongoing operations. Dorel Industries Inc. shares T.DII.B are trading down $0.06 at $4.00.
Stocks in play: Dorel Industries Inc.
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