GLB Glanbia Plc

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

DISLLFLDRRIIVID

(END) Dow Jones Newswires

July 03, 2017 02:00 ET (06:00 GMT)

Glanbia (LSE:GLB)
Historical Stock Chart
From Apr 2024 to May 2024

Glanbia (LSE:GLB)
Historical Stock Chart
From May 2023 to May 2024