MustGrow Biologics moves to acquire agricultural products firm NexusBioAg
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MustGrow Biologics Corp. has signed a non-binding term sheet to acquire NexusBioAg from Univar Solutions Canada Ltd. This acquisition aims to enhance MustGrow's position as a provider of biological and regenerative agriculture solutions.
November 28, 2024 | 2:00 pm
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MustGrow Biologics Corp. is acquiring NexusBioAg to strengthen its offerings in biological and regenerative agriculture solutions.
The acquisition of NexusBioAg is a strategic move for MustGrow Biologics, likely to enhance its market position and product offerings in the agriculture sector. This could positively impact MGROF's stock price in the short term as investors may view the acquisition as a growth opportunity.
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