Brief: Don Agro International Ltd Says Proposed Disposal Of Don Agro Llc, Don Agrarian Group Jsc, Don Muchnov Llc And Volgo-Agro Llc

UpHealth

29/04/2024 02:27

April 29 (Reuters) - Don Agro International Ltd
 DONA.SI :
    * PROPOSED DISPOSAL OF DON AGRO LLC, DON AGRARIAN GROUP JSC,
DON
MUCHNOV LLC AND VOLGO-AGRO LLC
    * UNIT ON APRIL 26 ENTERED INTO PRELIMINARY SALE AND
PURCHASE
AGREEMENTS WITH AGROHOLDING “PROSTORY” JSC
    * UNIT ENTERED INTO PRELIMINARY SALE & PURCHASE AGREEMENT
WITH 
DONSKAYA TRASTOVAYA KOMPANIYA FOR SALE OF 99.99% OF SHARES IN
VOLGO-AGRO LLC
    * TOTAL CONSIDERATION S$65.7 MILLION
    * GROUP WILL RECORD A GAIN ON DISPOSAL OF S$12.5 MILLION


Further company coverage:  DONA.SI 

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