Brief: Kerry Group To Acquire Lactase Enzymes Business

Novozymes A/S

12/12/2023 16:27

Dec 12 (Reuters) - Kerry Group PLC  KYGa.I :
    * KERRY GROUP PLC  - KERRY TO ACQUIRE LACTASE ENZYMES
BUSINESS
    * KERRY GROUP PLC - TOTAL CONSIDERATION IS EUR 150M SUBJECT
TO
ROUTINE CLOSING ADJUSTMENTS, WITH ACQUISITION EXPECTED TO CLOSE
IN FIRST HALF OF 2024
    * KERRY GROUP PLC - GOT INTO DEFINITIVE AGREEMENT TO ACQUIRE
PART
OF GLOBAL LACTASE ENZYME BUSINESS OF CHR. HANSEN AND NOVOZYMES
A/S ON CARVE OUT BASIS

Source text for Eikon:  ID:nRSL5363Wa 
Further company coverage:  KYGa.I 

 ((Reuters.Briefs@thomsonreuters.com;))