MONTREAL — Lightspeed Commerce Inc. is conducting a review of its business and operations including talks relating to a range of potential strategic alternatives.
The Montreal-based payments technology company made the comments late Wednesday after reports concerning a potential transaction involving the company.
Lightspeed said it periodically undertakes a review of its business and operations with a view of realizing its full potential.Lightspeed said its board of directors is committed to acting in the best interests of the company and its stakeholders. It added the company is not planning on disclosing developments from the review.
Dasilva, who handed off the chief executive role to JP Chauvet in February 2022, was reappointed to the top job on a permanent basis in May.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Payments tech company Lightspeed Commerce conducting strategic review of businessMONTREAL — Lightspeed Commerce Inc. says it is conducting a review of its business and operations including talks relating to a range of potential strategic ...
Read more »
Exclusive-Canadian payments software firm Lightspeed explores sale, sources sayLightspeed Commerce, a Canadian payments software maker with a market value of C$2.8 billion ($2.08 billion), is working with a financial advisor to...
Read more »
Canadian payments software firm Lightspeed explores sale, sources sayTalks come months after it brought back founder Dax Dasilva as CEO, as investors raised concerns over the company’s plan to prioritize growth over profitability after disappointing quarterly results in February
Read more »
Lightspeed Commerce latest Canadian tech company put up for saleThe board of the Montreal-based point-of-sale software vendor has hired JP Morgan Chase & Co. to run a strategic review of the business that includes a potential sale, source says
Read more »
Ottawa, Quebec tout 'new business model' to fast-track affordable housingMONTREAL — The governments of Canada, Quebec and the City of Montreal are crediting a new fast-track housing program for plans to build 1,001 affordable homes in Montreal and Rimouski, Que.
Read more »
Ottawa, Quebec tout 'new business model' to fast-track affordable housingMONTREAL — The governments of Canada, Quebec and the City of Montreal are crediting a new fast-track housing program for plans to build 1,001 affordable homes in Montreal and Rimouski, Que.
Read more »