Published 11 days ago • loading... • Updated 11 days ago

Major deal canceled: MediPharm Labs terminates sale of Napanee facility

Summary by 93.3 myFM

socastcmsRssStart88.7 myFM News staffsocastcmsRssEnd MediPharm Labs has canceled the sale of its Napanee facility to Kensana Health after the buyer failed to meet agreed terms on time. The deal was originally set to close through the sale of MediPharm’s subsidiary, ABcann Medicinals Inc. The company announced it has officially terminated the purchase agreement and will retain non-refundable deposits from Kensana Health. Despite the failed trans…

This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

4 Articles

All

Left

Center

Right

93.3 myFM

Major deal canceled: MediPharm Labs terminates sale of Napanee facility

MediPharm terminates Kensana Health deal

MediPharm Labs Corp. has terminated the previously announced sale of its facility in Napanee, Ontario to Kensana Health Inc. for $5.5 million in cash. The post MediPharm terminates Kensana Health deal appeared first on StratCann.

11 days ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year