GFM Network News


Aphria says proposed hostile bid undervalues company

Reuters — Canadian cannabis producer Aphria said on Friday Green Growth Brands’ proposed $2.8 billion all-stock hostile bid “significantly” undervalued the company. Ohio-based cannabis retailer Green Growth, which merged with Xanthic Biopharma in November, said on Thursday it would offer 1.5714 shares for each Aphria share. The company said its valuation was based on a […] Read more



Ad Feature: Edmonton firm acquires water works capacity

Edmonton-based Stantec Inc., an engineering and infrastructure consulting company, has announced the biggest deal in its 62-year history. The all-cash deal for Broomfield, Colorado-based MWH Global, which Stantec said is expected to close in the second quarter could increase Stantec’s annual revenues by about 60 per cent, to more than $4.5 billion, while its global […] Read more