EDMONTON, Alberta — An Ontario court has approved the sale of natural and organic food chain Planet Organic to its largest creditor, Catalyst Capital Group. Planet Organic received no cash in the deal but had owed more than $32 million to Catalyst as a result of its convertible notes. Catalyst acquired all assets of the nine Planet Organic stores in Canada and all the shares of the subsidiary operating 11 Mrs. Green’s Natural Markets in the U.S. In conjunction with the transfer, Planet ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.