Brief: Ebro Foods Closes Sale Of Panzani Businesses For 550 Mln Euros

Ebro Foods SA

31/12/2021 11:32

Dec 31 (Reuters) - Ebro Foods SA  EBRO.MC :
    * SAYS THIS MORNING WAS CLOSED AND EXECUTED SALE OF THE
PANZANI
DRY PASTA, SEMOLINA, COUSCOUS AND SAUCES BUSINESS TO FRENCH
COMPANY PIMENTE INVESTISSEMENT
    * PRICE OF TRANSACTION SET AT 550 MILLION EUROS ALTHOUGH
SUBJECT
TO SUBSEQUENT ADJUSTMENTS FOR DEBT AND WORKING CAPITAL, WAS
RECEIVED BY EBRO FOODS, S.A. THIS MORNING

Source text for Eikon:  ID:nCNM46SV8Z 
Further company coverage:  EBRO.MC 

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