Reject Shop Says Federal Court Orders Meeting for Proposed Acquisition by Canada's Dollarama

MT Newswires Live

2025/05/16

Reject Shop (ASX:TRS) said the Federal Court of Australia ordered that a meeting of its shareholders be held to decide on the company's proposed acquisition by Toronto Stock Exchange-listed Dollarama, according to a Friday filing with the Australian bourse.

The scheme meeting is scheduled for June 23, the filing said.

The company's board recommends shareholders vote in favor of the scheme, subject to the absence of a superior proposal and an independent expert's conclusion that it is in the best interests of shareholders, the filing added.

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