Brief: PEPEES plans to acquire Ponary for 11.7 mln zlotys

Przedsiebiorstwo Przemyslu Spozywczego PEPEES SA

28/04/2017 12:37

April 28 (Reuters) - Przedsiebiorstwo Przemyslu Spozywczego 
PEPEES SA (PEPEES)  PPSP.WA : 
    * Said on Thursday that its signed prelim. agreement 
concerning purchase of 34.9 pct stake in Gospodarstwo Rolne 
Ponary sp. z o.o. (Ponary) 
    * The company signed also agreements allowing it to buy all 
remaining stake of Ponary   
    * The price for all shares is set at 11.7 million zlotys  
($3.03 million) 
    * Conclusion of Ponary acquisition to ensure the 
implementation of the company's strategy for access to raw 
materials through own starch of potato crops 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM2798588 
     
 Further company coverage:  PPSP.WA   
    
 
 
 
($1 = 3.8576 zlotys) 
 
 (Gdynia Newsroom) 
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))