Dorel agrees to going-private transaction at C$14.50 per share

Transaction maximizes value for shareholders in an uncertain market

Dorel is pleased to present shareholders with an attractive opportunity to receive $14.50 in cash for each Dorel share. This is a compelling opportunity for all Dorel shareholders to maximize the value of their shares at a 32% premium.

The value of the go-private transaction represents:

  • An attractive premium of 32% to the closing price of the Class B Subordinate Voting Shares on the Toronto Stock Exchange (TSX) on September 4, 2020; and a
  • 19% premium to the 60-day volume weighted average price (VWAP) and a 7% premium to the 30-day VWAP of Dorel’s Class B Subordinate Voting Shares on the TSX.

To receive your C$14.50 in cash, Dorel shareholders must approve the go-private transaction.

How to Vote

Special Meeting of Shareholders

Tuesday, February 16, 2021 at 10:00 a.m (eastern time)

Meeting Link