Opérations et transactions|8 septembre 2009
Telus announces acquisition of Black's Photo for C$28.5 million
Torys acted as counsel to ReichmannHauer Capital Partners with a team that included Michael Akkawi and Patricia Koval.
On September 8, 2009, Telus Corporation (TSX: T, T.A; NYSE: TU) announced that it has acquired Black's Photo Corporation's 113-store chain from ReichmannHauer Capital Partners for C$28.5 million. Following the acquisition, Black's stores will add TELUS wireless products and services in 113 premium locations nationally with a particular strength in the Ontario marketplace.
Telus, headquartered in Burnaby, British Columbia, is a major telecommunications company.
Black's is a photography products and services retailer with 113 stores across Canada.
Further information is found on Telus' website and at www.reuters.com.