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.
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