Brief: Firstfarms enters pig production

FirstFarms A/S

02/11/2016 14:42

Nov 2 (Reuters) - Firstfarms A/S  FFARMS.CO : 
    * Says enters pig production 
    * Entered a conditional agreement about purchase of Dan-Farm Holding A/S 
    * Due diligence process will be initiated, before agreement becomes final 
    * Purchase price is agreed to 11 million Danish crowns ($1.6 million) for 100 percent of 
shares in Dan-Farm Holding  
    * Purchase price is paid with issuance of new shares in Firstfarms 
    * Share price is fixed at 46.15 corresponding to fair value 
 
     
Source text for Eikon:  ID:nGNE32q1fd  
     
Further company coverage:  FFARMS.CO  
 
($1 = 6.6960 Danish crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))