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Cara Operations prices shares at $23 in IPO, raises $200M to repay debt

2015-04-01 23:39:52| IT Services - Topix.net

Cara Operations Ltd. said it has signed a deal to sell 8.7 million subordinate voting shares at a price of $23 per share as part of its initial public offering. The company behind Harvey's and Swiss Chalet has also granted the underwriters an over-allotment option for an additional 1.3 million subordinate voting shares.

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