ARYZTA AG / ARYZTA AG Announces Strategic investment in Picard . Processed and transmitted by NASDAQ OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.
Zurich/Switzerland, 31 March 2015
Aryzta announces it has entered into exclusive negotiations for a strategic investment with Lion Capital in a speciality premium French food business.
Under the terms of the agreement, Aryzta would acquire a 49% shareholding in Picard (www.picard.fr) for consideration of €446.6m, largely funded with the net proceeds from the Origin placement (c. €400m, net of fees and taxes).
The news release can be downloaded from the following link:
http://hugin.info/142194/R/1907733/679673.pdf
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: ARYZTA AG via Globenewswire
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ARYZTA AG
Talacker 41 Zurich Switzerland
ISIN: CH0043238366;