Glanbia PLC Glanbia plc completes sale of Dairy Ireland (8245J)
July 03 2017 - 2:00AM
UK Regulatory
TIDMGLB
RNS Number : 8245J
Glanbia PLC
03 July 2017
SALE OF DAIRY IRELAND COMPLETED
3 July 2017, Glanbia plc, the global nutrition Group ("Glanbia",
the "Group" or the "plc"), and Glanbia Co-operative Society Limited
(the "Co-op") wish to confirm that the sale of a 60% interest in
Glanbia's Dairy Ireland segment to the Co-op (the "Proposed
Transaction") has now completed.
Details of the Proposed Transaction were set out in a circular
published on 28 April 2017 and this can be found on the Glanbia
website at the following location, www.glanbia.com/egm.
Final consideration payable to Glanbia relating to the Proposed
Transaction is subject to finalisation of the value of actual
working capital in Dairy Ireland at the completion date, and
completion accounts, which are currently being prepared, and this
will be published after these have been finalised and agreed.
For further information contact
Glanbia plc +353 56 777 2200
Investor contact:
Liam Hennigan, Head of Investor +353 86 046
Relations 8375
Media Contact:
Mark Garrett, Director of Communications +353 86 601
& Public Affairs 9655
This information is provided by RNS
The company news service from the London Stock Exchange
END
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