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HempFusion Closes Acquisition of Sagely Naturals
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HempFusion Closes Acquisition of Sagely Naturals
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Investegate |UP Global Sourcing Announcements | UP Global Sourcing: Proposed Acquisition of Salter and £15m Placing
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The IGB held its webinar-based monthly meeting on June 9, 2021. Members present included Member Garcia, Member Hayden and Chairman Schmadeke. The meeting began with the approval of the April meeting minutes.
Neither the Chairman nor the Board Members had any opening comments.
The Administrator opened his comments by noting that the state will be in Phase 5 on June 11. The Administrator said businesses can offer a free drink to individuals who are vaccinated from June 11 to July 20, 2021, but that locations must comply with requirements. If you would like more information on Phase 5 and what it means for businesses, you can visit the State of Illinois Coronavirus Response page.
OnTheMarket plc, the majority agent-owned company which operates the OnTheMarket.com property portal, is pleased to announce, further to the announcement of 22 March 2021, that it has now completed the acquisition of Glanty Ltd ( Glanty ). The initial consideration of £1,533,477 (the Initial Consideration ) required to be paid by OnTheMarket under the share purchase agreement is being satisfied by way of the issue of 1,528,832 ordinary shares of 0.2 pence each in the capital of OnTheMarket in aggregate (the Consideration Shares ) and a cash payment of £156,000. OnTheMarket also paid £1,355,317 in cash in respect of the settlement of shareholder and certain third party debt in Glanty at completion.