Village Farms International Releases Pro Forma Financials Highlighting Recent $40M M&A Transaction with Vanguard

Reuters
06-06
Village Farms International Releases Pro Forma Financials Highlighting Recent $40M M&A Transaction with Vanguard

Village Farms International Inc. recently released its unaudited pro forma condensed consolidated financial statements, providing a glimpse into the company's financial landscape following a significant merger and acquisition transaction. The financial statements illustrate the impact of the transaction completed on May 30, 2025, under the Framework Agreement. This agreement saw Village Farms privatize its Texas-based Marfa II and Fort Davis greenhouse assets and most of its produce-related intellectual property, while transferring operational control of its produce distribution facilities and employees to Vanguard. In return, Village Farms received $40 million in cash and a 37.9% equity ownership interest in Vanguard. The pro forma financial statements highlight adjustments reflecting this transaction, offering insights into the company's future financial position.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Village Farms International Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950170-25-082470), on June 05, 2025, and is solely responsible for the information contained therein.

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