Intersnack To Acquire Minority Stake In Universal Robina's Oceania Business
Europe-based Intersnack Group is set to acquire a 40% stake in Universal Robina Corporation's (URC) consolidated business in Australia and New Zealand.
The consideration for the transaction will be a mix of cash and shares of Yarra Valley Snack Foods Pty. Ltd, Intersnack’s natural snack food unit in Australia, URC said in its statement.
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Submitted by: MukeshKapoor; Added: Aug. 17, 2020, 5:22 a.m.
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