Article 58541 Shock and sorrow as Canada's biggest co-op sold to US private equity firm

Shock and sorrow as Canada's biggest co-op sold to US private equity firm

by
Leyland Cecco in Toronto
from World news | The Guardian on (#58541)

Sale of Mountain Equipment Co-op, outdoor retailer with over 5m members, comes as bitter blow but follows dip in performance

Canada's best-known outdoor supplies retailer has been sold to a US private equity firm, in a move which has shocked members and former staff of the country's largest cooperative.

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