The transaction is valued at $72.5 million on a debt and cash-free basis. Read More
RXP’s products include CBD isolate and numerous variations of finished products.Read More
PMI now holds more than 90 percent of the shares and votes in the Swedish firm. Read More
The last day of trading will be announced once the company receives confirmation.Read More
Featured
Financial
Mergers and Acquisitions
News This Week
Framtiden Tenders its Swedish Match Shares
While unconvinced of the deal’s merits, the shareholder is keen to avoid a compulsory offer. Read More
The deal moves forward even though fewer than 90 percent of shareholders tendered shares. Read More
The offer had received more than 80 percent shareholder acceptance by the deadline.Read More
Featured
Mergers and Acquisitions
News This Week
Acceptance Period for Swedish Match Offer Expires Today
At least one minority shareholder opposes the deal. Read More
The investor now owns 10.5 percent, enough to scupper PMI’s bid if it rejects the offer. Read More
The offer represents a 52.5 percent premium over the closing share price on May 9.Read More
