Learn more

SNDL Inc. (NASDAQ:SNDL) announced on Thursday that its stalking horse bid was chosen as the most successful bid for acquiring the Indiva Limited‘s (TSXV:NDVA) (OTCQX:NDVAF) business and assets. That’s in the context of proceedings under Indiva’s filing under the Companies’ Creditors Arrangement Act and the sales and investment solicitation process. The transaction is subject to approval by the Ontario Superior Court of Justice overseeing the CCAA proceedings. What HappenedThe company’s acquisition includes Indiva’s state-of-the-art facility in London, Ontario as well as a portfolio of owned an…