Brief: Orkla Says Investment Funds Affiliated With Rhône To Acquire 40% In OFI

Orkla ASA

26/10/2023 05:57

Oct 26 (Reuters) - Orkla ASA  ORK.OL :
    * ORKLA ANNOUNCES OFI PARTNERSHIP WITH RHÔNE
    * SAYS INVESTMENT FUNDS AFFILIATED WITH RHÔNE WILL ACQUIRE
40%
OWNERSHIP IN ORKLA FOOD INGREDIENTS AS (OFI)
    * SAYS TRANSACTION IMPLIES AN ENTERPRISE VALUE OF NOK 15.5
BILLION
    * TRANSACTION IS EXPECTED TO BE COMPLETED BY END OF Q1 OF
2024

Source text for Eikon:  ID:nWkr1XDL5r 
Further company coverage:  ORK.OL 

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