Sears Holdings raises stake in Sears Canada

Knell, Michael J.
December 2006
Furniture/Today;12/4/2006, Vol. 31 Issue 13, p60
Trade Publication
The article presents the acquisition of Sears Canada shares by Sears Holdings Corp. to the tune of 17.8 million. The article discusses that Sears holdings owns almost 70% of the common shares of the Canadian company and believes that it has more flexibility of productivity and profitability. The article also discusses about the the company's subsidaries and mentions that its next move is yet to be known.


Related Articles

  • Sears Holdings extends offer for Canadian shares.  // Furniture/Today;9/18/2006, Vol. 31 Issue 3, p57 

    The article reports that Sears Holding Corp. has extended its offer for all the common shares of Sears Canada Inc. that it does not already own until September 29, 2006. Sears Holding will also appear in Ontario Divisional Court September 18 to appeal a recent order by the Ontario Securities...

  • Sears Canada shares for sale. KNELL, MICHAEL J. // Furniture/Today;10/6/2014, Vol. 39 Issue 6, p1 

    The article informs that retail company Sears Holdings Corp. has decided to reduce its stake in its subsidiary company Sears Canada, controlled by U.S. hedge fund manager Edward Lampert, from 51 percent to 12 percent as of October 2014, and also mentions statement released by Sears Canada on this.

  • Sears parent gains 90.4% stake in Sears Canada.  // Furniture/Today;5/3/2010, Vol. 34 Issue 33, p35 

    The article reports that the Sears Holdings Corp. bought one of its minority shareholders of Sears Canada Inc.

  • Asset Sales Lift Sears Income.  // WWD: Women's Wear Daily;5/18/2012, Vol. 203 Issue 104, p2 

    The article reports that while retail company Sears Holdings Corp. made a profit in the first fiscal quarter of 2012, their competitor The Bon-Ton Stores Inc. reported losses in the same time frame. Topics discussed include Bon-Ton's attempt to recover revenue after a difficult financial year in...

  • US: Sears Holdings mulls sale of Canadian operations. Smith, Katie // Aroq - Just-Style.com (Global News);5/18/2014, p11 

    A reprint of the article "US: Sears Holdings mulls sale of Canadian operations" by Katie Smith, which appeared in the online resource's May 15, 2014 issue, is presented.

  • Sears Sells Stock To Raise Funds.  // MMR;10/20/2014, Vol. 31 Issue 16, p2 

    The article reports that retail company Sears Holdings plans to raise funds in operating cash by offering their shareholders rights to purchase stake in Sears Canada.

  • Sears Holdings. Investor's Business Daily // Investors Business Daily;5/15/2014, pA02 

    The article reports on the plan of Sears Holdings Corp. to sell its 51% shares in Sears Canada and to focus on its store chain in the U.S.

  • Sears May Bow Out Of Canada.  // MMR;5/26/2014, Vol. 31 Issue 8, p1 

    The article discusses the announcement by the retailer Sears Holdings Corp. on May 14, 2014, regarding its exploration of strategic alternatives for its 51 percent interest in retailer, Sears Canada Inc. and views of its chairman Edward Lampert regarding its cooperation for shareholders.

  • Sears Holding still pursuing Sears Canada. Knell, Michael J. // Furniture/Today;11/6/2006, Vol. 31 Issue 9, p6 

    The article reports on the efforts of Sears Holding Corp. in taking complete control of Sears Canada Inc., which might take place during a special meeting of shareholders set on November 14, 2006. The Chicago-based owner of Sears Roebuck & Co. and Kmart Corp. is proposing a special resolution to...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics