31.03.2015 07:31:45
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Press Release: ARYZTA AG Announces Strategic investment in Picard
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 EUR446.6m, largely funded with the net proceeds from the Origin placement (c. EUR400m, net of fees and taxes).
The news release can be downloaded from the following link:
Announcement: http://hugin.info/142194/R/1907733/679673.pdf
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
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
HUG#1907733
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ARYZTA AG
Talacker 41 Zurich Switzerland
ISIN: CH0043238366;
http://www.aryzta.ch/default-de.asp (END) Dow Jones Newswires
March 31, 2015 01:00 ET (05:00 GMT)- - 01 00 AM EDT 03-31-15
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