July 9 (Reuters) - Newprinces SpA NWLF.MI:
SIGNS BINDING DEAL TO BUY ITALIAN ASSETS OF BABY, SPECIALITY FOOD FROM KRAFT HEINZ
ASSETS INCLUDES 5 BRANDS INCLUDING BISCUIT BRAND PLASMON
ASSETS INCLUDES ALSOO PLASMONT-PRODUCING PLANT LOCATED IN CENTRAL ITALY
ITALIAN ASSETS ARE PART OF TARGET, WHICH HAD REVENUE FOR EUR 170 MILLION IN 2024
TO PAY EUR 120 MILLION FOR TARGET, CLOSING EXPECTED IN H2 2025
Source text: ID:nBIA6Qb6lj
Further company coverage: NWLF.MI
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48587696600;))