Aphria, Tilray Announce Deal to Create Biggest Cannabis Company
Aphria, Tilray Combine to Create Biggest Cannabis Company Bloomberg 12/16/2020 Tiffany Kary (Bloomberg) -- Tilray Inc. and Aphria Inc. agreed to combine their operations, forming a new giant in the fast-growing cannabis industry. Popular Searches The all-stock deal, which puts together two of the market’s best known names, will create an entity with an equity value of about C$4.8 billion ($3.8 billion), according to a statement and interviews late Tuesday with Tilray and Aphria leaders. The combined group’s 12-month sales of C$874 million surpasses that of industry leade...
Source: msn.com