Opérations et transactions|23 mars 2015
Pizza Pizza Royalty Corp. completes C$42 million offering of common shares
Torys acted as counsel to Pizza Pizza Royalty Corp. and Pizza Pizza Limited, as the selling shareholder, with a team that included Adam Armstrong, Glen Johnson and Miriam Levin (corporate/securities), Corrado Cardarelli and Richard Johnson (tax).
On March 23, 2015, Pizza Pizza Royalty Corp. (PPRC) successfully completed a secondary offering of common shares held by Pizza Pizza Limited, the private operating company of the Pizza Pizza business. A total of 2,800,000 common shares of PPRC were sold to a syndicate of underwriters led by TD Securities Inc. at a price of C$15 per share, for total gross proceeds to the selling shareholders of C$42 million.
Further information can be found on PPRC's website.