Brief: Apetit Sells Baltic Business Operations Of The Grain Trade

Apetit Oyj

28/12/2021 07:32

Dec 28 (Reuters) - 
    * APETIT HAS AGREED ON SELLING THE BALTIC BUSINESS
OPERATIONS OF
THE GRAIN TRADE
    * APETIT GROUP'S SUBSIDIARY AVENA NORDIC GRAIN HAS SIGNED AN
AGREEMENT ON SELLING BALTIC OPERATIONS OF GRAIN TRADE BUSINESS
TO SCANDAGRA GROUP
    * SALE COVERS BUSINESS AND ASSETS OF AVENA'S COMPANIES IN
ESTONIA
AND LITHUANIA.
    * SALE HAS NO SIGNIFICANT IMPACT ON RESULT.
    * TRANSACTION IS EXPECTED TO BE COMPLETED DURING Q1 OF 2022.
    * IN ORDER TO BE COMPLETED, TRANSACTION REQUIRES APPROVAL OF
COMPETITION AUTHORITIES IN ESTONIA AND LITHUANIA.

Source text for Eikon:  ID:nWkrbsvCVb 
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