GREY:MRRCF - Post by User
Post by
mudpuppyon Jan 16, 2019 8:01pm
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Post# 29242960
thinking over this deal
thinking over this dealwayland sold 50% int assets to ICC, but ICC keeps 100% of their own int assets? doesn't make sense. it's not a merging of assets so ICC seems to have advantage over wayland here. And then there 's this from the pr which says operations of both will be fully integrated at appropriate time?
"The transaction also provides an opportunity at the appropriate time to fully integrate our international operations with ICC’s to cover all aspects of the value chain, including medical plant production, extraction, active pharmaceutical ingredient isolation, finished dose manufacturing, and distribution.” Stated Wayland CEO, Ben Ward."
again seems like ICC is the one in control here and wayland is getting only minority interest in ICC so no control there either??