Altria Buys 45% of Cronos Group for C$2.4 billion with Option to Take Controlling Stake

Cronos Group Inc. Announces C$2.4 Billion Strategic Investment from Altria Group, Inc. TORONTO, Dec. 7, 2018 /PRNewswire/ – Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos Group” or the “Company”) today announced that it has entered into a subscription agreement (the “Subscription Agreement”) with Altria Group, Inc. (NYSE: MO) (“Altria”) pursuant to which Altria has agreed to make an approximately C$2.4 […]

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Author: NCV Newswire
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