16H·

Kraken Robotics tradable again...

$PNG (-1.69%) - Investors seem satisfied in the pre-market, the share has jumped to a new ATH.

Let's see what happens at 15:30 💁

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20H·

Kraken Robotics trading currently suspended.

Kraken Robotics acquires Covelya Group for 615 million Canadian dollars

Tuesday, 03.03.2026 23:02

Source: reuters.com

Kraken Robotics Inc. is acquiring Covelya Group Limited for a total of 615 million Canadian dollars. 480 million Canadian dollars will be paid in cash and a further 135 million Canadian dollars through the issuance of Kraken common shares. To partially finance the cash purchase price, Kraken is also placing subscription receipts in the amount of approximately 350 million Canadian dollars and utilizing a new 150 million Canadian dollar secured credit facility, which is expected to close in the second quarter of 2026.

$PNG (-1.69%)