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Prospect News home > News index > List of issuers V > Headlines for Valens Co. Inc. > News item
Published on 1/17/2023 in the Prospect News Private Placement Daily.

Valens term loan assumed by SNDL through acquisition

Chicago, Jan. 17 – Valens Co. Inc.’s C$60 million term loan facility has been assumed by SNDL Inc. via an acquisition of the company, according to a press release.

The total consideration was valued at C$138 million, consisting of common shares of SNDL and the term loan.

Valens, with headquarters in Kelowna, B.C., Canada, is a manufacturer of cannabis derivative products. SNDL is a private-sector liquor and cannabis retailer in Canada.


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