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Hexo to acquire Zenabis in $235-million deal, gain European pot market foothold

OTTAWA Hexo Corp. says it will acquire cannabis competitor Zenabis Global Inc. in an all-share deal valued at $235 million. The pot companies say shareholders of Vancouver-based Zenabis will receive 0.01772 of a Hexo common share in exchange for each Zenabis common share held. They say that ratio is a 19 per cent premium […] ....

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iN420 - Hexo to acquire Zenabis in $235-million deal, gain European pot market foothold

iN420 - Hexo to acquire Zenabis in $235-million deal, gain European pot market foothold
infotel.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from infotel.ca Daily Mail and Mail on Sunday newspapers.

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