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€44.1 -0.3  -0.7%

Last Trade - 4:35pm

Sector
Consumer Defensives
Size
Mid Cap
Market Cap £400.8m
Enterprise Value £473.8m
Revenue £198.1m
Position in Universe 341st / 847

BRIEF-Ackermans & Van Haaren And SIPEF Acquire Sime Darby Plantation Berhad's 52%-Interest In Verdant Bioscience

Fri 29th May, 2020 5:16pm
May 29 (Reuters) - Ackermans & Van Haaren NV  ACKB.BR :
    * ACKERMANS & VAN HAAREN AND SIPEF ACQUIRE SIME DARBY
PLANTATION
BERHAD'S 52%-INTEREST IN VERDANT BIOSCIENCE
    * ACKERMANS & VAN HAAREN ACQUIRES A 42% STAKE IN VBS,
REPRESENTING
AN INVESTMENT OF 7 MILLION USD
    * SIPEF INCREASES ITS STAKE BY 10% TO 48% FOR AN AMOUNT OF
1.7
MILLION USD
    * TRANSACTION HAS FULL CONSENT OF BIOSING, AND ITS
REPRESENTATIVES
    * BRYAN DYER AND DR STEPHEN NELSON, REMAIN IN OFFICE
RESPECTIVELY
AS CHAIRMAN AND MANAGING DIRECTOR OF VBS
    * FOR ACKERMANS & VAN HAAREN, THIS ACQUISITION IS A
STRATEGIC
LONG-TERM INVESTMENT IN LINE WITH ITS 34.68% INTEREST IN SIPEF

Source text: https://bit.ly/2Ma43s3
Further company coverage:  ACKB.BR 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7785110;))
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