0948 ET - Premium Brands Holdings' sale of its Shaw Bakers assets offsets an otherwise "subpar" 4Q, says Scotiabank's John Zamparo in a note. The analyst says Premium Brands sold its interest in Shaw Bakers for $114 million, a move he says was widely expected and "will be received positively by the Street." Zamparo estimates the divested unit contributed roughly C$20 million of Ebitda. He says the transaction "increases the probability of a larger divestiture later this year," a potential catalyst for the stock. (adriano.marchese@wsj.com)
(END) Dow Jones Newswires
March 19, 2026 09:48 ET (13:48 GMT)
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