Brief: Jamieson Wellness To Acquire Nutrawise Health & Beauty

Jamieson Wellness

01/06/2022 12:42

June 1 (Reuters) - Jamieson Wellness Inc  JWEL.TO :
    * JAMIESON WELLNESS INC. TO ACQUIRE NUTRAWISE HEALTH &
BEAUTY
CORPORATION, OWNER OF YOUTHEORY BRAND
    * JAMIESON WELLNESS INC - DEAL IMMEDIATELY ACCRETIVE WITH
2022 PRO
FORMA REVENUE OF $155 MILLION TO $159
    * JAMIESON WELLNESS INC - TRANSACTION IS VALUED AT ABOUT
US$210
MILLION
    * JAMIESON WELLNESS INC - INTENDS TO FINANCE ACQUISITION
WITH AN
EXPANDED, AMENDED AND EXTENDED CREDIT FACILITY
    * JAMIESON WELLNESS INC - DEAL INCLUDES $25 MILLION ($32
MILLION)
IN JAMIESON WELLNESS COMMON SHARES TO BE ISSUED TO SELLERS, PLUS
POTENTIAL CONSIDERATION
    * JAMIESON WELLNESS - DEAL IMMEDIATELY ACCRETIVE WITH 2022
PRO
FORMA REVENUE OF $155 MILLION TO $159 MILLION (ADDS DROPPED
WORD)

Source text for Eikon:  ID:nBw9B8XtXa 
Further company coverage:  JWEL.TO 

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