News Formal

Primo Water to merge with Poland Spring parent company BlueTriton Brands

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 35 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 63%

Primo Water Nyheter

Combined Company,Holding Company,Mountain Valley

TORONTO — The companies behind bottled water brands Mountain Valley and Pure Life are combining.

Under the agreement, shareholders of both companies will exchange their shares for shares in a new holding company. Primo Water shareholders are expected to hold a 43 per cent stake in the combined company, while BlueTriton shareholders will own 57 per cent.

The combined company is expected to be dual headquartered in Tampa, Fla., and Stamford, Conn., with Dean Metropoulos, the current chair of BlueTriton to serve as non-executive chair. Robbert Rietbroek, the current chief executive of Primo Water, will serve as chief executive of the combined company,Primo Water used to be called Cott Corp.

FEATURE Nvidia stock was trading down slightly Monday. The chip maker has been getting more price-target upgrades on Wall Street. Nvidia shares fell 0.6% at $131.07 on Monday. The stock closed up 1.We recently published a list of the 8 Best AI PC Stocks to Buy Now. Since NVIDIA Corporation ranks 2nd in the list, it deserves a deeper look.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 47. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Primo Water to merge with Poland Spring parent company BlueTriton BrandsTORONTO — The companies behind bottled water brands Mountain Valley and Pure Life are combining. Primo Water Corp. has signed a deal to merge with BlueTriton Brands Inc.
Källa: SooToday - 🏆 8. / 85 Läs mer »