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New Deal


Announced

ANB Canada and Teal Valley announced an agreement to merge.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Merger

Canada

Medical Supplies

Pending

cannabis products

Friendly

Private

Single Bidder

Synopsis

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ANB Canada, which provides turnkey Rx, over the counter and Health and Beauty sales and distribution, and Teal Valley, a cannabis company headquartered in Toronto, announced an agreement to merge. Financial terms were not disclosed. “We are excited to continue our journey of helping our clients grow their brands in the Canadian market. Offering customised packaging, and cannabis and hemp solutions are natural add-ins to our services that position our clients for success. Teal Valley brings an accomplished team that is capable of executing for our clients, and we are confident that together Teal Valley and ANB will help our clients realise their potential” Brent Larkan, CEO of ANB.

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