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UPSIDE’s $50m bid may not be final word on Believer Meats plant as auction deadline shifts
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UPSIDE’s $50m bid may not be final word on Believer Meats plant as auction deadline shifts
UPSIDE Foods is not the only party interested in the US production facility of distressed cultivated meat firm Believer Meats, according to court documents* filed in North Carolina this week. The North Carolina Business Court has approved UPSIDE Foods’ $50 million asset purchase agreement as the baseline “stalking horse” bid, while BDO Consulting Group has been marketing the assets to see if a better offer emerges. In a motion to extend the dead…
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