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Not long after IPO, Aritzia’s private investors sell more shares Add to ...

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Aritzia Inc.’s private investors appear to be capitalizing on positive market sentiment as they offload more of their shares just three months after the Canadian women’s-fashion retailer went public.

The Vancouver-based company’s private-equity owner Berkshire Partners LLC, founder and chief executive officer Brian Hill, and director Aldo Bensadoun have entered into an agreement to sell 20.1 million subordinate-voting shares for $17.45 apiece in a bought deal, Aritzia said in a news release late Tuesday. It is uncommon to see a company sell more shares so soon after their initial public offering.

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