Brief: Invalda INVL: Litagra to transfer trading business to Achema Group

Invalda Invl AB

27/02/2017 06:25

Feb 27 (Reuters) - Invalda INVL  IVL1L.VL : 
    * Says its unit, Cedus Invest UAB, initialled share purchase - sale agreement with Achema 
Group  
    * Deal regards sale of Litagra group trading business and grain elevators network, i.e.  
Litagros Prekyba  
    * Previous owners will retain the name "Litagra", though acquired companies will be able to 
use it until 2019 
    * Completion is planned after obtaining approval of Competition Council and carrying out 
other 
actions foreseen in deal, including reorganization of Litagra 
 
Source text for Eikon:  ID:nVSE6MG3  
Further company coverage:  IVL1L.VL  
 
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