The Ukrainian agribusiness company MHP has acquired a significant stake in the Spanish company Uvesa, one of the key players in the poultry production market. On March 20, MHP purchased 41% of Uvesa’s shares, and just a month later, it entered into additional agreements under similar terms with other shareholders, allowing them to increase their stake to 91.77%. The purchase price was €225 per share, with the possibility of receiving an additional payment of up to €21.43 per share under certain conditions after the deal is finalized. To complete the transaction, approval for the concentration from the European Commission is required.
This is reported by Business • Media