Brief: Emmi Sells Stake In Ambrosi To Lactalis Group
25/07/2022 12:02
July 25 (Reuters) - Emmi AG EMMN.S :
* EMMI SELLS STAKE IN AMBROSI IN ITALY
* EMMI IS SELLING ITS 25% STAKE IN ITALIAN CHEESE SPECIALIST
AMBROSI SPA
* MAJORITY SHAREHOLDERS OF ITALIAN CHEESE SPECIALIST AND
EMMI HAVE
ACCEPTED PURCHASE OFFER FROM LACTALIS GROUP
* COMPLETION OF TRANSACTION IS SUBJECT TO APPROVAL BY
RESPONSIBLE
COMPETITION AUTHORITIES
* PARTIES HAVE AGREED NOT TO DISCLOSE PURCHASE PRICE
Source text for Eikon: ID:nEQbHfN1la
Further company coverage: EMMN.S
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