TORONTO, Nov. 9, 2022 /CNW/ - Flow Beverage Corp. (TSX:FLOW.TO) (OTCQX:FLWBF) (the "Company" or "Flow") today announced that it has reached a definitive agreement with an affiliate of BioSteel Sports Nutrition Inc. ("BioSteel") whereby BioSteel has purchased all the assets of the Company's production facility located in Verona, Virginia (the "Verona Facility") for a purchase price of US$19.5 million, comprised of US$13.2 million in cash and US$6.3 million for the repayment of debt and the retirement of lease obligations (the "Transaction").
Read more at newswire.caFlow Beverage Corp. and BioSteel Close Verona Facility Sale and Enter into Co-Manufacturing Agreement
Newswire.ca - Press Release
All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here
/Amazon%20-%20Image%20by%20bluestork%20via%20Shutterstock.jpg)
/Micron%20Technology%20Inc_logo%20and%20website-by%20Mojahid%20Mottakin%20via%20Shutterstock.jpg)
/Cloud%20Computing%20diagram%20Network%20Data%20Storage%20Technology%20Service%20by%20onephoto%20via%20Shutterstock.jpg)
/AI%20(artificial%20intelligence)/AI%20software%20engineering%20by%20Tapati%20Rinchumrus%20via%20Shutterstock.jpg)