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You can see other videos from our team by tapping here. Apotex chief executive Jeff Watson said in a statement Wednesday that he hopes to work with SK Capital, which has industry expertise and resources that will help grow leadership in the market.
Sherman and his wife Honey were found dead in their Toronto mansion in December 2017. Their deaths are still unsolved almost five years later. The police believe it was a double homicide. The closely held company had been weighing an asset sale since 2019, according to Bloomberg at the time. Apotex generates $400,000 in annual earnings before interest, taxes, depreciation and amortization, according to the people. The advisers for the deal were RBC Capital Markets, Bank of Nova Scotia, Jefferies LLC and Deutsche Bank Securities Inc.