Tilray (TLRY) and Aphria (APHA) $4bn merger information including expected completion date, offer price and contact details are displayed in the acquisition details table below. An invaluable buyout factsheet for traders and investors looking to trade the merger arbitrage spread.
This deal was successfully consummated on April 30, 2021
Merger Details | Value |
---|---|
Acquisition Target Stock Name | Aphria |
Acquisition Target Stock Ticker | APHA |
Acquirer Name and Ticker | Tilray (TLRY) |
Announcement Date | December 16, 2020 |
Merger Status | FRIENDLY MERGER |
Expected Completion Date | 2Q, 2021 |
Deal Value | $4bn |
Offer Value at Announcement | $6.60 |
Payment Method | All Stock Deal |
Stock Ratio | 0.8381 TLRY shares for each APHA share |
Initial Announcement | Press Release |
Tilray Investor Relations | https://ir.tilray.com/contact-ir |
Aphira Investor Relations | investors@aphria.com |
Actual Completion Date | April 30, 2021 |
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Tilray (NASDAQ: TLRY) & Aphria (NASDAQ: APHA) Merger
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Tilray (NASDAQ: TLRY) & Aphria (NASDAQ: APHA) Merger - Acquisition News and Events
The major acquisition news updates & events of Tilray (TLRY) & Aphria (APHA) by are listed below. A comprehensive data source for
- Traders looking to familiarize themselves with the Tilray (TLRY) merger with Aphria (APHA) and trade the merger arbitrage spread
- Existing shareholders and investors wishing to stay abreast of the latest deal developments
Following the acquisition news section, there are in-depth company profiles.
Tilray Company Profile
Tilray, Inc. engages in the research, cultivation, processing, and distribution of medical cannabis. The company offers its products to patients, physicians, pharmacies, governments, and hospitals; and for researchers for commercial purposes, as well as compassionate access and clinical research applications. It operates in Argentina, Australia, Canada, Chile, Croatia, Cyprus, the Czech Republic, Germany, Israel, Ireland, New Zealand, South Africa, Switzerland, the United States, and the United Kingdom. The company was incorporated in 2018 and is headquartered in Nanaimo, Canada.
Aphria Company Profile
Aphria Inc. cultivates, processes, produces, markets, distributes, and sells medical cannabis in Canada and internationally. The company offers pharmaceutical-grade medical cannabis, adult-use cannabis, and cannabis-derived extracts and derivative cannabis products under the Solei, RIFF, Good Supply, Aphria, P’tite Pof, and Broken Coast brands. It serves patients and consumers through distributors and online. The company is headquartered in Leamington, Canada.
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