Brief: Curaleaf To Acquire Bloom Dispensaries For About $211 Mln

Curaleaf Holdings

28/12/2021 13:59

Dec 28 (Reuters) - Curaleaf Holdings Inc  CURA.CD :
    * CURALEAF ANNOUNCES THE ACQUISITION OF BLOOM DISPENSARIES
    * CURALEAF HOLDINGS INC - ACQUISITION WILL BE IMMEDIATELY
ACCRETIVE TO CURALEAF'S ADJUSTED EBITDA MARGIN UPON CLOSE
    * CURALEAF HOLDINGS INC - DEAL FOR APPROXIMATELY US$211
MILLION
    * CURALEAF HOLDINGS INC - WILL PAY US$51 MILLION IN CASH AT
CLOSING, WITH REMAINING APPROXIMATELY US$160 MILLION PAID IN
THREE PROMISSORY NOTES

Source text for Eikon:  ID:nCNWnPBVRa 
Further company coverage:  CURA.CD 

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