News Formal

Aphria, Tilray merging to create world's biggest cannabis company

  • 📰 nationalpost
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 80%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Deal creates a new entity with an equity value of about $4.8 billion

The new company will trade under Tilray’s ticker on the Nasdaq, and Aphria shareholders will own 62 per cent of Tilray’s stock under the terms of the transaction, which was characterized as a “reverse acquisition of Tilray.” Aphria will pay a 23 per cent premium to Tilray’s Dec. 15 closing price of US$7.87.

Aphria gained as much as 15 per cent in premarket trading, while Tilray rose as much as 26 per cent. Other cannabis stocks also jumped premarket, with Sundial Growers Inc. gaining 4.2 per cent and Aurora Cannabis Inc. climbing 4.4 per cent.Aphria Chief Executive Officer Irwin Simon The new company will sell cannabis products across Canada and “be well positioned to pursue growth opportunities” such as medical marijuana in Germany. The companies said Tilray’s Portugal production facility will allow tariff-free access to the European Union.

A combination of beverage assets will also result. Aphria has agreed to acquire U.S. craft beer company Sweetwater Brewing Company, which makes cannabis-infused beverages, and Tilray is a partner of Anheuser-Busch InBev. The combined U.S. operations will focus on Sweetwater and Manitoba Harvest, which makes branded hemp and CBD products.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 10. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Aphria and Tilray to merge, will use Tilray name for new companyAphria Inc. and Tilray Inc. say they will combine to become the world's largest cannabis company based on revenue.
ソース: CTVNews - 🏆 1. / 99 続きを読む »

Cannabis company Aphria reports Q3 loss, revenue up from year ago markCannabis company Aphria Inc. says it lost $361 million for the quarter ended Feb. 28 compared with a profit of $5.7 million in the same quarter a year earlier.
ソース: CTVNews - 🏆 1. / 99 続きを読む »