CDPQ Bankrolls Stingray Digital’s Acquisition of Newfoundland Capital
Posted on 05/07/2018
Stingray Digital Group will soon be taking to the airwaves with the signing of a definitive agreement to buy out all outstanding and issued shares in Newfoundland Capital Corporation (NCC), Canada’s second largest radio broadcaster by licenses, in a transaction valued at C$ 506 million (US$ 403 million), including some C$ 112 million in debt. […]
