LAVAL, QC, May 2, 2023 /PRNewswire/ - Neptune Wellness Solutions Inc. ("Neptune" or the "Company") (NASDAQ: NEPT), a consumer-packaged goods company focused on plant-based, sustainable and purpose-driven lifestyle brands, today announced that it has entered into an agreement that fixes the purchase price for the exercise of the option to acquire the remaining 49.9% minority share of organic baby food brand, Sprout Organics ("Sprout") pursuant to a call option agreement entered into with the minority stockholders of Sprout. The agreement is subject to the exercise of the option and Board approval, as well as the successful arrangement of funding sources to complete the purchase, which Neptune is working to obtain.
Read more at prnewswire.comNeptune Wellness Announces Agreement on Price of Option to Acquire Remaining Ownership Interest of Organic Baby Food Brand, Sprout Organics
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