Sundial Growers' Stock Spikes On Announcing Acquisition Of Liquor Retailer Alcanna
Sundial Growers' Stock Spikes On Announcing Acquisition Of Liquor Retailer Alcanna
Sundial Growers Inc. (NASDAQ:SNDL) is purchasing Canadian liquor retailer Alcanna Inc. (TSX:CLIQ) for roughly $346 million.
Sundial Growers Inc 納斯達克股票代碼：SNDL）是 收購加拿大白酒零售商 Alcanna Inc. (TSX: CLIQ) 售價約爲3.46億美元。
The Deal Details
交易詳情
Based in Calgary, Alberta, the company said Thursday that it agreed to acquire all of the issued and outstanding common shares of Alcanna.
該公司總部位於艾伯塔省卡爾加里，週四表示 同意收購Alcanna的所有已發行和流通普通股。
Under the terms of the agreement, Alcanna's shareholders will receive, for each Alcanna common share held, 10.69 common shares of Sundial, representing a deemed value of $9.12 per Alcanna share.
根據協議的條款, Alcanna的股東每持有Alcanna普通股將獲得10.69股Sundial普通股，相當於每股Alcanna股票的認定價值爲9.12美元。
The transaction has been unanimously approved by the boards of directors of both companies and is expected to close in December 2021 or in the first quarter of 2022.
該交易已獲得兩家公司董事會的一致批准，並且 預計將於2021年12月或2022年第一季度關閉。
What It Means For Sundial
這對 Sundial 意味着什麼
Apart from Alcanna's longstanding liquor business with trailing twelve months free cash flow of $16.4 million on a built-out retail platform, the acquisition brings Sundial an enhanced exposure with investment in Nova Cannabis Inc. (TSX:NOVC), a publicly listed, pure-play cannabis retail operator, in which Alcanna holds an approximately 63% equity interest.
除了 Alcanna的長期白酒業務，過去十二個月的自由現金流爲1,640萬美元 在建成的零售平台上，此次收購爲Sundial帶來了 通過投資Nova Cannabis Inc提高曝光。(TSX: NOVC) 是一家上市的純大麻零售運營商， 其中Alcanna持有大約 63% 的股權。
Alcanna currently operates 171 locations predominantly in Alberta under its three retail brands, Wine and Beyond, Liquor Depot and Ace Liquor.
Alcanna 目前經營 171 個分支機構，主要位於艾伯塔省 旗下有三個零售品牌，Wine and Beyond、Liquor Depot 和 Ace
Nova operates 62 stores across Alberta, Saskatchewan, and Ontario primarily under the Value Buds and Nova Cannabis banners.
Nova 在艾伯塔省、薩斯喀徹溫省和安大略省經營 62 家門店 主要在 Value Buds 和 Nova Cannabis
The transaction is expected to deliver more than $15 million of additional EBITDA on an annual run-rate basis through synergies and other strategic initiatives.
這個 按年度計算，該交易預計將帶來超過1500萬美元的額外息稅折舊攤銷前利潤 通過協同增效和其他戰略舉措。
What's Next For Sundial
Sundial 的下一步是什麼
Zach George, the company's s CEO, said that "Alcanna's value-focused model in liquor retailing has created market stability, and we believe that the replication of this playbook in cannabis has strong potential to drive a similar result."
該公司的首席執行官扎克·喬治，他說：“Alcanna以價值爲中心的白酒零售模式創造了市場穩定，我們認爲，在大麻中複製這本劇本具有推動類似結果的巨大潛力。”
George stressed that the company intends to "position all of our retail exposure for profitability and strive to work with Canadian licensed producers in order to delight consumers with quality cannabis products."
喬治強調說 公司 打算 “將我們所有的零售風險敞口定位爲盈利能力，並努力與加拿大持牌生產商合作，用優質的大麻產品取悅消費者。”
During the last iteration of the Benzinga Cannabis Capital Conference, which is returning in a live format next week in New York City, George discussed the saturation of the Canadian cannabis market and the ways that retail traders are helping Sundial's turnaround, citing price compression, regulatory dysfunction, and market share competition as the main factors that currently affect the market.
在最後一次迭代中 Benzinga Cannabis Capital Conference 將於下週在紐約市以直播形式回歸，喬治討論了加拿大大麻市場的飽和度t 以及散戶交易者如何幫助 Sundial 的轉機，引述了 價格壓縮、監管失調和市場份額競爭是目前影響市場的主要因素。
譯文內容由第三人軟體翻譯。