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Dollarama prices IPO within range

Posted on October 9, 2009 5:31 PM
Canadian discount retailer Dollarama Inc. priced its initial public offering late Thursday within the expected price range to raise about C$300 million ($285 million).

The Montreal company, which buyout shop Bain Capital LLC controls, priced 17.1 million shares at C$17.50 each. The shares were expected to begin trading Friday on the Toronto Stock Exchange. The company recently said it planned to sell 16.7 million to 18.8 million shares between C$16 and C$18 each.

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