Kerry Group plc (GB:KYGA) has released an update.
Kerry Group plc is set to engage in a major transaction by selling its Kerry Dairy Ireland division to Kerry Co-Operative Creameries Limited, a substantial shareholder. This move, classified as a related party transaction, requires approval from Kerry’s independent shareholders, with a meeting scheduled for December 19, 2024. Investors keen on the implications for Kerry’s stock will be watching closely as this deal progresses.
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