AutoCanada Inc. (ACQ) Exits Loss-Making Digital Units, Buys Back iA’s 10% for $8.0M

AutoCanada repurchased iA Financial Group’s 10% stake in its online C2C F&I and Kijiji ICO businesses for $8.0M and is discontinuing both units, which produced ~$3.6M TTM revenue and a ~$6.0M net loss.Material DetailsContext by AI AnalystThis is a late confirmation of a pivot back to core retail an…