WebJan 23, 2024 · Green Growth reckons that its offer reflects a value of $9.41 per share and represents a premium of 24.5% over Aphria’s closing price of $7.56 on December 24, … WebFeb 8, 2024 · Aphria’s board on Wednesday rejected the hostile bid. Aphria said Green Growth’s offer of 9.22 Canadian dollars ($6.95) per Aphria share “is significantly undervalued and inadequate and not in the interest of Aphria shareholders on multiple grounds.”. The offer provides Aphria shareholders with 1.5714 Green Growth common …
Cannabis Company Aphria Sees Shares Plummet 15 Percent
WebThen, there’s how much Aphria tried to hype itself to Green Growth Brands, a U.S. cannabis company that initiated a hostile takeover attempt in December. Aphria wanted its shareholders to reject the takeover bid, claiming Green Growth’s offer low-balled the company’s value. Aphria’s Monday announcement of a quarterly loss in excess of ... 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. cities near cannon beach
Green Growth Comes For Aphria: What If It Was The Other Way …
WebJan 23, 2024 · Green Growth, a US-based marijuana company, on Tuesday announced that it filed an offer to acquire all Aphria outstanding common shares through an all-stock deal. WebFeb 6, 2024 · Green Growth's offer would provide Aphria shareholders with 1.5714 common shares of Green Growth for each Aphria share. That figure, which valued … WebJan 3, 2024 · “The clearest evidence for lack of influence in Green Growth’s acquisition of Aphria is the fact Aphria’s board has refused to engage and rejected Green Growth’s … cities near cape town