Brief: Agreement signed to sell Banvit's 79.48 pct to BRF at 915 mln lira

Banvit Bandirma Vitaminli Yem Sanayi AS

10/01/2017 06:31

Jan 10 (Reuters) - Banvit Bandirma Vitaminli Yem Sanayii 
A.S.  BANVT.IS : 
    * Said on Monday that majority shareholders signed stake 
sale agreement to sell 79.48 percent of the company to BRF GmbH, 
unit of Brasil based BRF S.A.  BRFS3.SA   
    * Stake sale price is at 11.51 lira per share at total of 
915.06 million lira ($245.32 million) 
    * Upon inking the agreement BRF and Qatar Holding LLC, unit 
of Qatar Investment Authority, to form a new partnership(%60-40) 
    * Established partnership to hold 79.48 percent of the 
company at the closing of the transaction 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nIKAbZ8gRt 
     
 Further company coverage:  BANVT.IS   
    
 
 
 
($1 = 3.7300 liras) 
 
 (Gdynia Newsroom) 
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))