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New Deal


Announced

Completed

Sundial Growers completed the acquisition of Alcanna for $346m.

Financials

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Transaction Value£254m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium39%
One Off Charge-

Synopsis

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Sundial Growers, a licensed producer of cannabis, completed the acquisition of Alcanna, a private liquor retailer, for $346m. "This is an exciting day for Sundial as we become a stronger and more capable regulated products platform. We are developing a business model that has never existed at this scale in Canada, and are committed to continuously improving our business while delighting consumers, Zach George, Sundial CEO.

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