CTC: Sale of Christis to Vivartia completed
Shacolas Group and Cyprus Trading Corporation Public Ltd announce the completion of sale of the shares to the Greek company Vivartia SA on Friday, April 20, 2007. Specifically, they announce the transfer of 25,165,786 shares held by CTC and other shareholders of Shacolas Group of Companies or 46% of the share capital of Christis Dairies Public Ltd. The sale price has been set at 29 cents per share. Vivartia submitted the total sum of £7.298.077,94.
As it has already been announced, with the completion of the deal, Vivartia will submit a Public Offer for the acquisition of up to 100% of the shares of Christis at the same price of 29 cents per share.
As it has already been announced, with the completion of the deal, Vivartia will submit a Public Offer for the acquisition of up to 100% of the shares of Christis at the same price of 29 cents per share.
