Brief: G. Willi-Food Announces Execution Of Memorandum Of Understanding With Respect To Potential Acquisitions

G Willi Food International

22/04/2019 20:04

G Willi-Food International Ltd  WILC.O :
    * G. WILLI-FOOD ANNOUNCES EXECUTION OF MEMORANDUM OF
UNDERSTANDING
WITH RESPECT TO POTENTIAL ACQUISITIONS
    * G WILLI-FOOD INTERNATIONAL LTD - SIGNED MEMORANDUM OF
UNDERSTANDING FOR AN INVESTMENT IN BIKUREI HASADEH NORTH 1994
LTD.
    * G WILLI-FOOD INTERNATIONAL LTD - SIGNED MEMORANDUM OF
UNDERSTANDING FOR AN INVESTMENT IN MIKI FOOD INDUSTRIES FISH AND
SALADS (1992) LTD
    * G WILLI-FOOD - BIKUREI HASADEH WILL ISSUE TO COMPANY 41%
OF ITS
ISSUED SHARE CAPITAL ON A FULLY DILUTED BASIS, FOR CONSIDERATION
OF NIS 70 MILLION
    * G WILLI-FOOD INTERNATIONAL LTD - FOUNDING SHAREHOLDERS OF
BIKUREI HASADEH WILL SELL TO COMPANY 10% OF ISSUED SHARE CAPITAL
OF BIKUREI HASADEH
    * G WILLI-FOOD - CO, MIKI WILL ESTABLISH A NEW COMPANY WHICH
WILL
ACQUIRE ALL OF ASSETS AND ACTIVITIES OF MICKEY (OTHER THAN LAND
RIGHTS)
    * G WILLI-FOOD INTERNATIONAL LTD - IN CONSIDERATION FOR
PURCHASED
ASSETS, NEWCO WILL PAY NIS 10 MILLION, PLUS VAT.

Source text for Eikon:  ID:nPnFkT1wa 
Further company coverage:  WILC.O