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Loblaw Companies Limited Cautions Investors Regarding TRC Capital's Below-Market "Mini-Tender" Offer

Newswire.ca - Fri Aug 25, 5:00PM CDT

BRAMPTON, ON, Aug. 25, 2023 /CNW/ - Loblaw Companies Limited (TSX: L) ("Loblaw") has received notice of an unsolicited mini-tender offer by TRC Capital Investment Corporation ("TRC Capital") to purchase up to 1 million Loblaw common shares, or approximately 0.0032% of the common shares outstanding, at a below-market price of CAD$111.11 per share.

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