WebJan 22, 2024 · Green Growth Brands Files Offer to Purchase and Circular for Aphria Inc.; Formal Take-over Bid to Commence on January 23, 2024; Receives Commitment for … WebApr 22, 2024 · Aphria’s board argues that Green Growth’s offer undervalues the company by 23%, at a time when cannabis industry acquisitions are occurring at heady premiums. Indeed, Aphria’s top executives were scathing in their rejection of Green Growth’s bid, saying it “could destroy value for Aphria shareholders” and calling the offer ...
Cannabis Company Aphria Sees Shares Plummet 15 Percent
WebJan 2, 2024 · Green Growth Brands offered Aphria around $8.07 per share, but Aphria began trading at around 25% below the offered price after investors had a weekend to dig through the details. WebJan 1, 2024 · Based on Green Growth's Thursday closing share price of C$4.98 on the CSE, the offer represents a value of C$7.83 which implies only a 3.4% premium over Aphria's closing share price of C$7.57. GGB ... flow electroporation
Aphria Sends Green Growth Hostile Takeover Bid Up in …
WebApr 25, 2024 · by The Fly April 25, 2024 48. Green Growth Brands announced that its formal offer to acquire all of the issued and outstanding common shares of Aphria Inc. has expired. The company will not be taking up any Aphria Shares as the conditions of the Offer have not been met. As announced on April 15, 2024, the company entered into an … WebFeb 7, 2024 · The Takeover. Green Growth Brands intention to launch a takeover bid for Aphria was originally announced on December 27, 2024. At the time of the … WebApr 26, 2024 · U.S. cannabis retailer Green Growth Brands, backed by the Ohio-based Schottenstein family, formally launched a tender offer for Aphria, valuing the latter at C$2.8 billion in stock, or C$11 per ... flow electronic cigarette