Good Natured Products (TSE:GDNP.H) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Good Natured Products Inc., a leader in eco-friendly packaging, has been acquired by UK-based Hilco Capital’s affiliate, resulting in the redemption and cancellation of its common shares. The company’s shares will be delisted from the TSX Venture Exchange, and its operations will continue as usual despite the resignation of most board members. This move marks a significant restructuring under the Companies’ Creditors Arrangement Act.
For further insights into TSE:GDNP.H stock, check out TipRanks’ Stock Analysis page.