Tilray Brands shares are trading higher after the company announced an agreement to acquire eight beer and beverage brands from Anheuser-Busch.
Portfolio Pulse from Benzinga Newsdesk
Tilray Brands has announced an agreement to acquire eight beer and beverage brands from Anheuser-Busch, leading to a rise in Tilray's share prices.
August 08, 2023 | 3:55 pm
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Tilray Brands' stock is trading higher after the company announced an agreement to acquire eight beer and beverage brands from Anheuser-Busch.
The acquisition of eight brands from Anheuser-Busch is a significant expansion for Tilray Brands, which is likely to increase its market share and revenues. This positive news has led to an increase in the company's stock price.
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