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Syngenta Crop Protection and Valagro Confirm Interest for SICIT Group
May 12, 2021 GMT
BASEL, Switzerland & ATESSA, Italy (BUSINESS WIRE) May 12, 2021
Following the Press Release published yesterday by Intesa Holding S.p.A., Syngenta Crop Protection AG (“Syngenta“) together with Valagro S.p.A. (“Valagro“) would like to confirm that they both remain interested in pursuing a potential transaction involving SICIT Group S.p.A. (“SICIT Group”). In this respect, and consistently with the Letter of Interest delivered to SICIT Group, yesterday Syngenta and Valagro received access to certain limited confirmatory due diligence information and are in the process of reviewing expeditiously this information in order to decide in a short timeframe whether or not going forward with the proposed voluntary tender offer on SICIT Group pursuant to Article 102 and 106, fourth paragraph, of the
Syngenta Crop Protection AG: Syngenta Crop Protection and Valagro Confirm Interest for SICIT Group
Following the Press Release published yesterday by Intesa Holding S.p.A., Syngenta Crop Protection AG ( Syngenta ) together with Valagro S.p.A. ( Valagro ) would like to confirm that they both remain interested in pursuing a potential transaction involving SICIT Group S.p.A. ( SICIT Group ). In this respect, and consistently with the Letter of Interest delivered to SICIT Group, yesterday Syngenta and Valagro received access to certain limited confirmatory due diligence information and are in the process of reviewing expeditiously this information in order to decide in a short timeframe whether or not going forward with the proposed voluntary tender offer on SICIT Group pursuant to Article 102 and 106, fourth paragraph, of the Italian Financial Act.
Syngenta Crop Protection AG ("Syngenta") together with Valagro S.p.A. ("Valagro") would like to confirm that the two companies have submitted a non-binding expression of interest to the Board of Directors
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Published 4 May 2021
Nigerian Breweries Plc has said its profit after tax for the first quarter of 2021 financial year rose by 39.5 per cent to N7.73bn from the N5.54bn recorded for the corresponding period in the previous year.
The brewing company reported N105.7bn as revenue for Q1 2021, up 27 per cent from the N83.2bn recorded in the corresponding period in 2020, according to its unaudited report and provisional results filed at the Nigerian Stock Exchange.
A statement by the Corporate Affairs Director, Sade Morgan, said the company’s cost of sales rose significantly by 36.6 per cent from N48.3bn in 2020 to N66bn in the period under review.