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Nuuvera Inc. V.MIAP

"Nuuvera Inc is a Canadian cannabis company. It is focussed on low-cost cultivation, product development, commercial production and global distribution of cannabis, cannabis oils, cannabinoids and cannabis derivative products in legalized markets. Through its subsidiaries, Nuuvera holds a dealer license under the Narcotic control regulations and the office of controlled substances."


TSXV:MIAP - Post by User

Comment by NevadaRayon Feb 20, 2018 7:53am
129 Views
Post# 27585957

RE:RE:Differential between APH and Nuu

RE:RE:Differential between APH and Nuu

Feb 20 (Reuters) - Aphria Inc:

* APHRIA AMENDS ARRANGEMENT AGREEMENT WITH NUUVERA

* APHRIA - CO, NUUVERA AGREED TO AMEND DEAL TO REDUCE REQUIRED LEVEL OF UNRESTRICTED CASH & CONSIDERATION PAYABLE TO NUUVERA'S SHARESHOLDERS

* APHRIA - CONSIDERATION UNDER AMENDMENT HAS BEEN REDUCED TO $0.60 IN CASH PLUS 0.3546 OF AN APHRIA SHARE FOR EACH NUUVERA SHARE Source text for Eikon: Further company coverage:


LongGuy wrote:
Funny you should write this...I had the same thoughts last night and found this:

"Under the terms of the deal, Nuuvera shareholders will receive $1 in cash plus 0.3546 of an Aphria share for each share they hold. Based on Aphria's 10-day volume weighted average price of $21.15, the offer is worth $8.50 per share."

Basically when you take aph sp x 0.3546 + $1 = nuu sp ...more or less

Full link:  https://www.theglobeandmail.com/report-on-business/aphria-to-buy-nuuvera-for-826-million/article37764432/

Hope that helps.

LongGuy


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