Loblaw enters into EQB share purchase plan following PC Financial deal

BRAMPTON - Loblaw Cos. Ltd. has announced it has entered into an automatic share purchase plan to acquire common shares of EQB Inc.

Under the share purchase plan, Loblaw’s broker may acquire up to a maximum number of EQB common shares that, when combined with shares already purchased, equates to the lesser of 10.6 million shares or 24.9 per cent of the issued and outstanding EQB shares.