Japanese Firm Acquires Stake in Leslie’s Poolmart
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A Japanese chemicals company has acquired a 5.1% stake in Leslie’s Poolmart, a Chatsworth-based chain of swimming pool-supplies stores.
In a filing with the Securities and Exchange Commission, Shikoku Chemicals Corp. said it now owns 280,000 shares of Leslie’s, including 70,000 shares purchased between Oct. 5 and Nov. 2 at prices ranging from $6 to $7.25 a share.
Shikoku said it bought the stock as an investment. Leslie’s operates 144 stores in 26 states and a nationwide mail-order catalogue service.
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