Brief: Tasfoods Ltd Secures Fully Integrated Poultry Business

Tasfoods

18/12/2023 01:00

Dec 18 (Reuters) - Tasfoods Ltd  TFL.AX :
    * TASFOODS SECURES FULLY INTEGRATED POULTRY BUSINESS
    * TASFOODS HAS COMPLETED AN AGREEMENT TO ACQUIRE CHICKEN
BROILER
AND BREEDER BUSINESS REDBANK  POULTRY, LOCATED IN NORTH-WEST
TASMANIA
    * DEAL FOR A$1.25M
    * ACQUISITION OF REDBANK EXPECTED TO ADD A$800K OF ANNUAL
EBITDA
TO TASFOODS ONCE FULLY  INTEGRATED
    * HAS ALSO ENTERED INTO SHORT TERM FINANCING AGREEMENT WITH
RNC
NOMINEES PTY  AS TRUSTEE FOR ROADNIGHT CAPITAL PRIVATE DEBT FUND

Source text for Eikon:  ID:nASX52YqsD 
Further company coverage:  TFL.AX 

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