Industry: Health - Pharmaceutical research & manufacturing
On June 1, HEXO Corp. completed its previously announced acquisition of Zenabis Global Inc., by way of plan of arrangement, of all issued and outstanding shares of Zenabis Global Inc. for a transaction with an enterprise value of $235 million.
Simultaneous to the acquisition, Zenabis entered into an agreement with HEXO Corp. for the issuance of an unsecured convertible debenture to HEXO Corp. for $19.5 million.
Norton Rose Fulbright Canada LLP advised HEXO Corp. with a team led by
Amar Leclair-Ghosh,
Elliot Shapiro,
and which included
Pierre-François Tétreault,
Julia Godolphin,
William Provencher-Campeau,
Rujuta Patel,
Derek Chiasson,
Andrew Schafer,
Camille Provencher,
Nikita Stepin.
Stikeman Elliott LLP acted as counsel to Zenabis Global Inc. with a team led by
Michael Urbani,
and which included
John Bullock,
Terry Grazier,
Tia Eisner (corporate),
Jalen Nordmark,
Brendan Kennedy (articling students),
Jonathan Willson (tax),
Scott Perrin (banking),
David Brown,
Darlene Crimeni (litigation),
Sara Zborovski (regulatory),
Michael Kilby,
David Feldman (competition),
Colette Larsson (securities clerk),
Courtney Cunningham,
Elizibeth Ashton (corporate clerks).