Brief: Ebro Foods Receives Binding Offer From Midsona AB For Acquisition Of Alimentation Santé
23/07/2019 10:40
July 23 (Reuters) - Ebro Foods SA EBRO.MC :
* HAS RECEIVED A BINDING OFFER FROM MIDSONA AB FOR ACQUISITION OF ENTIRE SHARE CAPITAL OF
ALIMENTATION SANTÉ AND ITS UNITS CELNAT, VEGETALIA AND SATOKI
* EBRO FOODS UNIT PANZANI S.A.S. HAS DECIDED TO ENTER INTO EXCLUSIVE NEGOTIATIONS WITH
MIDSONA AB
* TRANSACTION IS VALUED AT 57.5 MILLION EUROS (ENTERPRISE VALUE, DEBT FREE/CASH FREE BASIS)
* TRANSACTION IS EXPECTED TO BE COMPLETED BY OCTOBER 1, 2019
Source text for Eikon: ID:nCNM51SDk8
Further company coverage: EBRO.MC
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