Brief: MTY Food Group To Acquire Wetzel's Pretzels

MTY Food

02/11/2022 11:39

Nov 2 (Reuters) - MTY Food Group Inc  MTY.TO :
    * MTY FOOD GROUP INC. TO ACQUIRE WETZEL'S PRETZELS
    * MTY FOOD GROUP INC - PROPOSED DEAL FOR CASH CONSIDERATION
OF
APPROXIMATELY US$207 MILLION
    * MTY FOOD GROUP INC - CO, SYNDICATE OF BANKS AGREED TO
INCREASE
EXISTING REVOLVING CREDIT FACILITY TO C$900 MILLION AND EXTENDED
MATURITY TO OCTOBER 2025
    * MTY FOOD GROUP INC - TRANSACTION IS NOT SUBJECT TO ANY
FINANCING
CONDITION
    * MTY FOOD GROUP INC - CONSIDERATION WILL BE 100% FUNDED IN
CASH

Source text for Eikon:  ID:nCNWKsGDNa 
Further company coverage:  MTY.TO 
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