Baja The wholesale club said Thursday that he decided, "explore alternatives including a possible sale of the company Flyer for wholesale club to evaluate."
This is to support the market for only a month: an auction for the Retailer.
Baja Morgan hired to run the application is Stanley. In November, the information provided and the beginning of 'DealBookk auction Leonard Green and Partners as a shared intimacy takeover.
After the retailer in July, when an attractive candidate for a buyout Leonard Green is seen as acquire a 9.5 percent stake. (Leonard Green also struck deals for Jo- Ann stores, and TPG Capital.)
- Flyer canada for wholesale club
According to the company, the capital Q, little debt and $ 65.8 million in cash on hand. Store has been disappointing for more than a year to open the sale, but ,. Last month, baja Has announced plans to close five underperforming stores.
Baja , Natick, Mass. USA 15, 187 based in the warehouse club. The $ 2.28 billion total enterprise value.
Wholesale Club warehouse is owned by a chain of trends lobalaa Companies clubs across Canada. Bakery, dairy, deli, frozen foods, Agricultural Center, normally, photolab, general merchandise, pharmacy, and products as meat and poultry, produce, seafood, snacks.
