Brief: Lassonde Industries To Acquire U.S.-Based Old Orchard Brands

Lassonde Industries

27/04/2018 02:09

April 26 (Reuters) - Lassonde Industries Inc  LASa.TO :
    * LASSONDE INDUSTRIES ANNOUNCES AN AGREEMENT TO ACQUIRE
U.S.-BASED
OLD ORCHARD BRANDS
    * LASSONDE INDUSTRIES- REACHED AGREEMENT TO ACQUIRE OLD
ORCHARD
BRANDS FOR A TOTAL CASH CONSIDERATION OF $146.0 MILLION
    * ACQUISITION WILL BE FINANCED BY A FIRMLY COMMITTED CREDIT
FACILITY IN AN AMOUNT OF US$146.0 MILLION
    * LASSONDE INDUSTRIES- A FURTHER AMOUNT OF UP TO $10.0
MILLION MAY
BE PAYABLE OVER NEXT TWO YEARS SUBJECT TO SPECIFIED FINANCIAL
MILESTONES

Source text for Eikon:  ID:nCNWrb8vxa 
Further company coverage:  LASa.TO 

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