Brief: BF To Buy 69.5% Of Kaiima Sementes In Brazil Under Partnership With Eni

BF SpA

03/10/2024 06:09

Oct 3 (Reuters) - BF SpA  BFG.MI :
    * SAID ON WEDNESDAY UNIT SOCIETÀ ITALIANA SEMENTI SIGNED
DEALS TO
BUY 69.5% OF KAIIMA SEMENTES
    * KAIIMA IS BRAZILIAN GROUP OPERATING IN GENETICS,
PRODUCTION,
SALE OF CASTOR BEANS
    * DEALS ARE PART OF PARTNERSHIP WITH ENI TO DEVELOP NON-FOOD
SEEDS
PRODUCTION FOR ENERGY SUPPLY CHAIN
    * TOTAL CONSIDERATION FOR STAKE IS EUR 27.2 MLN
    * CLOSING EXPECTED BY OCTOBER

 Further company coverage:  BFG.MI  

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))