Brief: Charlotte's Web Announces Transaction With Bat Debenture Conversion And US $10 Million Equity Investment To Strengthen Balance Sheet
March 30 (Reuters) - British American Tobacco PLC BATS.L: CHARLOTTE'S WEB ANNOUNCES TRANSACTION WITH BAT: DEBENTURE CONVERSION AND US$10M EQUITY INVESTMENT TO STRENGTHEN BALANCE SHEET CHARLOTTE'S WEB HOLDINGS INC - DEAL RESULTS IN 110 MILLION SHARES TO BAT, TOTAL EQUITY COMMITMENT OF US$75 MILLION Source text: ID:nCNWsBw0La Further company coverage: BATS.L ((Reuters.Briefs@thomsonreuters.com;))
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