Markets
Green Growth Is Open to ‘Change’ on Its Bid for Aphria
- Cannabis firm’s unsolicited bid valued Aphria at C$2.4 billion
- Green Growth believes it can raise C$300 million financing
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Green Growth Brands Inc. is flexible and open to negotiations on its unsolicited takeover offer for Aphria Inc., though the two companies haven’t had a face-to-face conversation about the bid.
“It’s likely there needs to be some negotiation and there’s a chance that the offer might change,” Green Growth Chief Executive Officer Peter Horvath said in a phone interview.