31.03.2015 07:00:28

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 €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:


  



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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;


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