Major Cannabis Producer Canopy Bids for Spain's Alcaliber -Bloomberg
07 March 2018 - 1:23AM
Dow Jones News
--Canopy Growth Corp., the world's biggest producer of cannabis
by market value, is bidding for Spain's Alcaliber SA in a deal that
may see the latter valued at EUR200 million to EUR275 million,
Bloomberg says, citing unnamed sources.
--Ontario-based Canopy is facing off against U.K. health-care
investor GHO Capital and Spanish investment firm Alantra Partners
SA, with final bids set to be tendered in the comings days, reports
Bloomberg.
--According to Bloomberg, Alcaliber, which produces morphine and
thebaine, is majority-owned by Spanish investment fund Torreal SA,
with French drug maker Sanofi holding a 40% stake.
Full story: https://bloom.bg/2FtyLKY
Write to Barcelona editors at barcelonaeditors@dowjones.com
(END) Dow Jones Newswires
March 06, 2018 09:08 ET (14:08 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
Sanofi (NASDAQ:SNY)
Historical Stock Chart
From Mar 2024 to Apr 2024
Sanofi (NASDAQ:SNY)
Historical Stock Chart
From Apr 2023 to Apr 2024