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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Fri., Feb. 3, 11:54 AM

Slide #95. SNDL Inc. The Valens Company Inc.

Acquirer: SNDL Inc. (SNDL)
Acquiree: The Valens Company Inc. (VLNS.CA)
Details: SNDL Inc. (Nasdaq: SNDL) ("SNDL" the "Company") is pleased to announce the completion of the previously disclosed acquisition of all of the issued and outstanding common shares ("Valens Shares") of The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS) ("Valens"), other than those held by SNDL and its subsidiaries, pursuant to a plan of arrangement under the Canada Business Corporations Act (the "Transaction"), for total consideration of approximately $138 million2 consisting of common shares of SNDL ("SNDL Shares") and assumption of Valens' $60 million non-revolving term loan facility. All financial information in this press release is reported in Canadian dollars unless otherwise indicated.

SNDL is a licensed producer that grows cannabis using indoor facilities. Co.'s primary focus has been on producing and distributing inhalable products and brands (flower, pre-rolls and vapes). Co. is marketing its adult-use products under its Top Leaf (Premium), Sundial Cannabis (Premium Core), Palmetto (Core) and Grasslands (Value) brands.

Open the SNDL Page at The Online Investor »

SNDL is a licensed producer that grows cannabis using indoor facilities. Co.'s primary focus has been on producing and distributing inhalable products and brands (flower, pre-rolls and vapes). Co. is marketing its adult-use products under its Top Leaf (Premium), Sundial Cannabis (Premium Core), Palmetto (Core) and Grasslands (Value) brands.

Open the VLNS.CA Page at The Online Investor »

Company Name: 
SNDL Inc
Stock buyback: 
SNDL buyback
Website: 
www.sndlgroup.com
Sector: 
Consumer Goods
Number of ETFs Holding SNDL: 
4
Total Market Value Held by ETFs: 
$937696
Total Market Capitalization: 
$214.00M
% of Market Cap. Held by ETFs: 
0.44%
Company Name: 
Valens Co Inc
Website: 
www.thevalenscompany.com
Sector: 
Grocery & Drug Stores
 

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