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Minority shareholders in Ukraine's Kernel challenge annual meeting decision in court interfax.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from interfax.com Daily Mail and Mail on Sunday newspapers.
Kernel CEO Verevsky buys $59 mln in new shares, boosts stake to 93.7% interfax.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from interfax.com Daily Mail and Mail on Sunday newspapers.
Antimonopoly Committee Allows Verevskyi's Namsen To Acquire Over 50% Of Kernel ukranews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ukranews.com Daily Mail and Mail on Sunday newspapers.
Kernel intends to buy back up to 19.2 mln shares for $250 mln 1 min read Kernel Holding S.A. (Luxembourg), the holding company of Kernel agroindustrial group, at an extraordinary meeting on August 30 intends to obtain permission from its shareholders to buy back up to 19.2 million of its shares for $250 million, while the purchase price of shares must be no less than PLN50 and no more than PLN65. According to the company s statement, posted on the Warsaw Stock Exchange s website, the company plans to buy back its shares within two years. Kernel notes that it plans to invite the shareholders to approve this decision, as the company and its subsidiaries have accumulated significant liquidity and do not have any attractive new investment opportunities in the short term. The agricultural holding clarified that the ratio of its net debt to EBITDA as of March 31, 2021 at 1.4x is at a comfortable level. ....