Deal Snapshot: Vivartia to Buy 57.8% in Mevgal to Create Top Player in Greece

Summary


MANAVIGATOR-September 3, 2010-Deal snapshot: VIVARTIA TO BUY 57.8% IN MEVGAL TO CREATE TOP PLAYER IN GREECE (C)2010 M2 COMMUNICATIONS http://www.m2.com

Greek food group Vivartia Holding (ATH:VIVART), owned by Marfin Investment Group, has agreed to buy at least 57.8% in dairy firm Mevgal for some EUR77m (USD98.5m) to create the largest dairy business in Greece and face the challenges of the local market.

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Deal Snapshot: Vivartia to Buy 57.8% in Mevgal to Create Top Player in Greece

Country: Greec...

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