MONTRÉAL, Sept. 4, 2015 /CNW Telbec/ - Quebecor today welcomed the Competition Bureau's decision to approve the sale of Archambault Group's retail operations to Renaud-Bray. The sale, announced on May 19, 2015, includes the 14 Archambault stores, the archambault.ca site, and the English-language Paragraphe Bookstore.
The sale will close in the coming weeks. In the meantime, Archambault Group will continue operating the businesses in question.
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Quebecor, a Canadian leader in telecommunications, entertainment, news media and culture, is one of the best-performing integrated communications companies in the industry. Driven by their determination to deliver the best possible customer experience, all of Quebecor's subsidiaries and brands are differentiated by their high-quality, multiplatform, convergent products and services.
Quebecor (TSX: QBR.A, QBR.B) is headquartered in Québec. It holds a 75.36% interest in Quebecor Media, which employs close to 12,000 people in Canada.
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SOURCE Quebecor
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Martin Tremblay, Vice President, Public Affairs, Quebecor Media, 514-380-1985, [email protected]
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