Asia Green Biotech Set to Acquire Waste Disposal Firm
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Asia Green Biotech Set to Acquire Waste Disposal Firm

Story Highlights
  • Asia Green aims to acquire Paladin and its waste disposal facilities in Alberta.
  • The deal includes issuing 15 million shares and hinges on securing at least $5 million financing.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Asia Green Biotechnology Corp. (TSE:ASIA) has released an update.

Asia Green Biotechnology Corp. has announced its intention to acquire Paladin Services Group Ltd., with plans to take over Paladin’s Class II Disposal Well and proposed waste management disposal facility in Alberta, Canada. The transaction will involve issuing approximately 15 million Asia Green shares to Paladin shareholders and is contingent on a minimum of $5 million in financing, among other conditions.

For further insights into TSE:ASIA stock, check out TipRanks’ Stock Analysis page.

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