BRIEF-BF To Buy 69.5% Of Kaiima Sementes In Brazil Under Partnership With Eni

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Oct 3 (Reuters) - BF SpA BFG.MI:

  • SAID ON WEDNESDAY UNIT SOCIETÀ ITALIANA SEMENTI SIGNED DEALS TO BUY 69.5% OF KAIIMA SEMENTES

  • KAIIMA IS BRAZILIAN GROUP OPERATING IN GENETICS, PRODUCTION, SALE OF CASTOR BEANS

  • DEALS ARE PART OF PARTNERSHIP WITH ENI TO DEVELOP NON-FOOD SEEDS PRODUCTION FOR ENERGY SUPPLY CHAIN

  • TOTAL CONSIDERATION FOR STAKE IS EUR 27.2 MLN

  • CLOSING EXPECTED BY OCTOBER

Further company coverage: BFG.MI


(Gdansk Newsroom)

((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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