Dylex on the acquisition trail

Article Abstract:

Dylex Ltd. President and CEO Elliott Wahle has told shareholders at the company's annual meeting that Dylex is considering to complete an acquisition within two years. Wahle noted that Toronto, Ontario-based Dylex, which operates 638 stores throughout Canada, will seek to acquire businesses that complement the firm's existing operations. Dylex Chairman Bill Anderson also told shareholders that Dylex, which has completed a financial restructuring in 1995 and reduced long-term debt from C$200 million to C$400,000, is trying to reclaim its position as a leading retail company in Canada.

Comment:

Pres & CEO Elliott Wahle tells shareholders that Dylex is considering to complete an acquisition within two years

Acquisitions & mergers, Ontario, Males' Clothing, Retail, Men's Clothing Stores, Dylex Ltd., Article

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In the land of rising sun, economic recovery dawning ... finally

Article Abstract:

An analysis of economic conditions in Japan is presented. The country does seem to be on course of economic recovery.

Japan, Forecasts, trends, outlooks, Analysis, Economic aspects, Forecasts and trends, Economic conditions, Market trend/market analysis, Economic recovery

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