Brief: iAnthus, MPX Bioceutical Announce Combination

Ianthus Capital Holdings

18/10/2018 14:25

Oct 18 (Reuters) - iAnthus Capital Holdings Inc  IAN.CD :
    * IANTHUS AND MPX BIOCEUTICAL ANNOUNCE TRANSFORMATIONAL
COMBINATION, EXPANDS U.S. FOOTPRINT TO 10 STATES
    * IANTHUS CAPITAL HOLDINGS INC - MPX SHAREHOLDERS WILL BE
ENTITLED
TO RECEIVE 0.1673 COMMON SHARES OF IANTHUS FOR EACH COMMON SHARE
OF MPX HELD
    * IANTHUS CAPITAL HOLDINGS INC - DEAL FOR APPROXIMATELY
$1.28 PER
MPX COMMON SHARE
    * IANTHUS CAPITAL HOLDINGS INC - DEAL VALUED AT $835 MILLION
    * IANTHUS CAPITAL - UPON DEAL CLOSE, BOARD OF COMBINED CO TO
BE
INCREASED TO 7 DIRECTORS, WITH 3 DIRECTORS BEING NOMINATED BY
MPX

Source text for Eikon:  ID:nPn26Mn0ga 
Further company coverage:  IAN.CD 

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