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CURALEAF HLDGS INC by Curaleaf Hldgs Inc. (CURLF) - Curaleaf Wields M&A To Tap European Market, Agrees To Buy EMMAC For $286M


Curaleaf Holdings Inc. (OTCQX:CURLF) is looking to expand to Europe via M&A.
The Wakefield, Massachusetts-based company announced Tuesday that it will acquire one of Europe’s largest cannabis companies,
EMMAC Life Sciences,
for approximately $286 million in cash and stock.
The transaction, which is expected to close during the second quarter of 2021, will mark Curaleaf’s entry into Europe  making it one of the first U.S. multi-state operators to do so.
Deal Details: Under the terms of the agreement, Curaleaf will pay £0.50 ($0.69) per share of EMMAC. Out of the total, £35 million ($50 million) will be paid in cash.
The remainder of the payment will be completed in Curaleaf subordinate voting shares, of which EMMAC shareholders will receive almost 16.8 million  representing roughly 3% of Curaleaf’s float. ....

Joseph Bayern , Norton Rose Fulbright , Boris Jordan , Stikeman Elliott , Canaccord Genuity Group , Deal Details , Curaleaf Executive Chairman Boris Jordan , Memery Crystal , Genuity Group , ஜோசப் பேயர்ன் , நார்டன் உயர்ந்தது ஃபுல்பிரைட் , போரிஸ் ஜோர்டான் , கானக்கோர்ட் உண்மையானது குழு , ஒப்பந்தம் விவரங்கள் , உண்மையானது குழு ,