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Colabor Group Inc. has finalized a significant transaction with Colabor 2026 L.P., a member of Financière Outremont, which acquired substantially all of the company's assets. The closing marks the successful completion of four transactions conducted under the sale and investment solicitation process supervised by the Superior Court of Québec. These proceedings were initiated under the Companies' Creditors Arrangement Act (CCAA) in January 2026 to facilitate a formal restructuring. Raymond Chabot Inc. served as the court-appointed monitor throughout the process to ensure compliance. While the asset sale stabilizes the operations under new ownership, it typically leaves little to no residual value for common equity holders. This milestone concludes a complex restructuring phase aimed at addressing the group's financial obligations.
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