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Press release content from Globe Newswire. The AP news staff was not involved in its creation. Brink’s Acquires Largest Privately Owned Provider of ATM Services in the U.S. The Brink’s CompanyApril 6, 2021 GMT PAI Acquired for $213 Million, Expected to Generate Approximately $30 Million of Adjusted EBITDA in 2021 Provides Full Range of Managed Services for Approximately 100,000 ATMs Adds Management Depth and Technology, Expands Brink’s ATM Service Capabilities Strengthens “Strategy 2.3” Platform in North America RICHMOND, Va., April 06, 2021 (GLOBE NEWSWIRE) The Brink’s Company (NYSE: BCO), the global leader in total cash management, route-based secure logistics and payment solutions, today announced its acquisition of PAI, Inc., the largest privately-held provider of ATM services in the U.S., for $213 million. On a current full-year basis, PAI is expected to generate revenue of approximately $320 million and adjusted EBITDA of appro ....
Published: Dec 30, 2020 at 6:56AM On Dec. 16, Tilray (NASDAQ:TLRY) announced plans to merge in an all stock transaction that would create a company with pro forma combined revenues of almost $685 million, pushing past the sector s current leader, The specifics of the deal are as follows: Current Aphria shareholders will receive .8381 shares of the new entity (to operate under the Tilray name and current ticker symbol) for each Aphria common share, while Tilray shareholders will retain all their current share holdings. Post-merger, Aphria shareholders will control 62% of the combined company, with Tilray shareholders holding the remaining 38%. This transaction will produce a current market capitalization for the new Tilray around $3.2 billion, placing it second among exchange-traded cannabis companies after industry leader ....
LiveXLive Completes Acquisition Of E-Commerce Merchandise Company, Custom Personalization Solutions (CPS) morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
December 16, 2020 at 7:39 am Published by NCV Newswire Aphria and Tilray Combine to Create Largest Global Cannabis Company With Pro Forma Revenue of C$874 Million (US$685 Million) Complementary, Scalable Medical and Adult-Use Cannabis Businesses Strengthen Leadership Position in Canada; Expands U.S. and International Reach through World-Class Cultivation, Manufacturing, Diversified Product Portfolio and Distribution Footprint Robust Supply Chain and Operational Efficiencies Expected to Generate Approximately C$100 Million of Pre-Tax Annual Cost Synergies Aphria and Tilray to Host a Conference Call and Webcast at 8:30 a.m. Eastern Time LEAMINGTON, Ontario & NANAIMO, British Columbia-December 16, 2020-(BUSINESS WIRE)–Aphria Inc. (“Aphria”) (TSX: APHA and Nasdaq: APHA), a leading global cannabis company inspiring and empowering the worldwide community to live their very best life, and Tilray, Inc. (“Tilray”) (Nasdaq: TLRY), a global pioneer ....