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home / news releases / DIIBF - Dorel Industries Inc. - Breaking Up The Empire

DIIBF - Dorel Industries Inc. - Breaking Up The Empire

Dorel Industries Inc
  • Dorel makes a surprise announcement to sell its sports business with an impressive valuation of around 11x EV/EBITDA.
  • The company plans to use the sale proceeds to reduce its financial leverage and return capital to shareholders.
  • The deal is a victory for investors who've been holding out through volatile trading after the failed take-private bid of early 2021.

For further details see:

Dorel Industries Inc. - Breaking Up The Empire
Stock Information
Company Name: Dorel Industries Inc
Stock Symbol: DIIBF
Market: OTC
Website: dorel.com
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