• Marquee Brands agreed to acquire Roots in a take-private deal with operating partner JM&A, led by Joseph Mimran and Frank Rocchetti.
• Shareholders will receive CAD 4.1 per common share in cash, a 36% premium to the March 2, 2026 close.
• JM&A will buy all outstanding shares, run North American retail and e-commerce, and oversee apparel design, manufacturing, distribution.
• Marquee Brands will lead global brand stewardship, category expansion, and international growth; Roots headquarters will remain in Toronto.
• Closing is targeted for Q4 2026; shares are expected to be delisted from the TSX on completion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Roots Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260820918160) on August 20, 2026, and is solely responsible for the information contained therein.