Raisio plc: Raisio to divest its cattle feed business to Lantmännen
Raisio plc, Stock Exchange Release, 4 May 2018, at 8.00 a.m. Finnish time RAISIO TO DIVEST ITS CATTLE FEED BUSINESS TO LANTMÄNNEN Raisio has signed an agreement to sell its cattle feed business to Lantmännen Agro Oy. The enterprise value is EUR 34 million and the arrangement will be conducted as a share transaction. Raisio’s cattle feed business is expected to transfer to the new owner during September 2018. The completion of the deal requires an approval from the Finnish competition authorities. The fish feed business will continue as a solid part of the Raisio Group. “The cattle