The sale to Renaud-Bray of the retail operations of Archambault Group Inc., a subsidiary of Quebecor Media, closed on September 27, 2015. The transaction involves 14 Archambault stores, archambault.ca and the English-language Paragraphe bookstore.
Stornoway Diamond Corporation announced that it had closed its previously announced financing transactions with US private equity firm Orion Mine Finance, Investissement Québec (through its wholly owned subsidiaries Diaquem Inc. and Resources Québec) (“RQ”), and the Caisse de dépôt et placement du Québec to fund the construction of the Renard Diamond Project, Quebec’s first diamond mine.