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CL - Cresco Labs Inc News Story

C$9.11 0.1  1.2%

Last Trade - 11/08/20

Sector
Healthcare
Size
Mid Cap
Market Cap £1.79bn
Enterprise Value £1.96bn
Revenue £133.2m
Position in Universe 139th / 2677

BRIEF-Cresco Labs To Acquire Tryke Companies

Mon 16th September, 2019 12:22pm
Sept 16 (Reuters) - Cresco Labs Inc  CL.CD :
    * CRESCO LABS TO ACQUIRE TRYKE COMPANIES INCLUDING THE REEF
DISPENSARY PORTFOLIO - CONSISTENT WITH STATED PLAN TO ESTABLISH
MARKET LEADING POSITIONS IN BOTH NEVADA AND ARIZONA AND BUILD
BRAND AND WHOLESALE CAPABILITIES
    * CRESCO LABS INC - DEAL FOR APPROXIMATELY US$252.5 MILLION
FOR
TRYKE OPERATING ASSETS PLUS US$30 MILLION FOR TRYKE REAL ESTATE
ASSETS
    * CRESCO LABS - ENTERED AGREEMENT WITH GROUP OF INVESTMENT
DEALERS
UNDER WHICH UNDERWRITERS TO BUY UPTO 7.4 MILLION UNITS OF CO AT
C$10.00 PER UNIT

Source text for Eikon:  ID:nCNWsr8Zda 
Further company coverage:  CL.CD 

 ((Reuters.Briefs@thomsonreuters.com;))
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