Brief: Agriforce Announces Binding Letter Of Intent To Acquire Berry People Llc, Further Strengthening Its Brands Division

AVAX One Technology

24/01/2023 14:07

Jan 24 (Reuters) - AgriFORCE Growing Systems Ltd
 AGRI.O :
    * AGRIFORCE ANNOUNCES BINDING LETTER OF INTENT TO ACQUIRE
BERRY
PEOPLE LLC, FURTHER STRENGTHENING ITS BRANDS DIVISION
    * AGRIFORCE ANNOUNCES BINDING LETTER OF INTENT TO ACQUIRE
BERRY
PEOPLE LLC, FURTHER STRENGTHENING ITS BRANDS DIVISION
    * AGRIFORCE GROWING SYSTEMS - SETS FORTH PURCHASE PRICE OF
$28
MILLION, CONSISTING OF $18.2 MILLION IN CASH AND $9.8 MILLION IN
AGRIFORCE RESTRICTED SHARES
    * AGRIFORCE GROWING SYSTEMS LTD - LOI SETS FORTH A PURCHASE
PRICE
TO BE PAID AT CLOSING TO ACQUIRE 70% OF BERRY PEOPLE'S EQUITY
INTERESTS

Source text for Eikon:  ID:nGNX7XnKnK 
Further company coverage:  AGRI.O 
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