Arway Provides Supplemental Disclosure on Arway Acquisition

Impact · against what's priced in

The supplemental disclosure provides the valuation methodology behind the Arway acquisition but contains no new material catalysts. The details regarding the 9.4% premium and the revenue multiples used for the exchange ratio were already known or are secondary to the deal's execution.

ARWY+0.30

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In context

Shareholders are receiving a 9.4% premium over fair market value (C$0.0721 vs C$0.0660) and moving into a more liquid security.

Read from the article alone

• valuation
• m and a
• ARWY
• NXT
• acquisition
• canadian securities exchange
• disclosure
• exchange ratio
• fairness opinion

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