Jamieson Wellness Inc.Private▲ Positive
Capitalrelevance
Unsolicited takeover proposal and strategic review to enhance shareholder value
Jamieson Wellness Inc. is conducting a strategic review after receiving an unsolicited takeover proposal. The Board has initiated a process to enhance shareholder value and is in discussions with interested parties regarding a potential transaction, though there is no assurance a deal will result. BMO Capital Markets and Canaccord Genuity are acting as financial advisors. The company said it will not make further statements unless required by law. Jamieson shares closed 0.28 percent higher at C$36.39 on the Toronto Stock Exchange.
Unsolicited takeover proposal and strategic review to enhance shareholder value