tiprankstipranks
Advertisement
Advertisement

Village Farms closes transaction to privatize fresh produce business

Village Farms (VFF) International announced that its pending transaction to privatize the majority of its fresh produce business closed on May 30, 2025. The transaction transforms Village Farms into a powerful global cannabis expansion platform with ownership of 160 acres of advanced greenhouse facilities, increasing exposure to international markets through the combination of its export sales and Netherlands operating assets, and incremental upside opportunity through its ownership interest in Vanguard Food. The Company expects to file unaudited pro forma condensed consolidated financial information to illustrate the effect of the transaction on the three-month period ended March 31, 2025, as well as for the years ended December 31, 2024 and 2023, within the next four business days.

Elevate Your Investing Strategy:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1