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AURORA CANNABIS TO ACQUIRE SOUTH AMERICAN MARKET LEADER ICC LABS×
Transaction Establishes Strong Foundation for Aurora's South American Growth Strategy in Medical, Adult Consumer Use and CBD Wellness Markets
TSX: ACB TSX-V: ICC
EDMONTON and VANCOUVER, Sept. 10, 2018 /CNW/ - Aurora Cannabis Inc. (Aurora or the Company) (TSX: ACB) (OTCQB: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) and ICC Labs Inc. (TSX-V: ICC) (ICC) announced today that the companies have entered into a definitive arrangement agreement pursuant to which Aurora intends to acquire all of the issued and outstanding common shares of ICC (the ICC Shares) for $1.95 per share (payable in common shares of Aurora (the Aurora Shares) (the Share Consideration), reflecting an aggregate purchase price of approximately $290 million (the Transaction). The Transaction has been unanimously approved by the Board of Directors of each ICC and Aurora.
investor.auroramj.com/
Transaction Establishes Strong Foundation for Aurora's South American Growth Strategy in Medical, Adult Consumer Use and CBD Wellness Markets
TSX: ACB TSX-V: ICC
EDMONTON and VANCOUVER, Sept. 10, 2018 /CNW/ - Aurora Cannabis Inc. (Aurora or the Company) (TSX: ACB) (OTCQB: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) and ICC Labs Inc. (TSX-V: ICC) (ICC) announced today that the companies have entered into a definitive arrangement agreement pursuant to which Aurora intends to acquire all of the issued and outstanding common shares of ICC (the ICC Shares) for $1.95 per share (payable in common shares of Aurora (the Aurora Shares) (the Share Consideration), reflecting an aggregate purchase price of approximately $290 million (the Transaction). The Transaction has been unanimously approved by the Board of Directors of each ICC and Aurora.
investor.auroramj.com/