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Ukraine's MHP signs deal to buy 41% of Spanish poultry producer Uvesa

MHP headquarters (Photo by MHP)

MHP, Ukraine's largest poultry producer, said it has signed a share purchase agreement with shareholders representing over 41% of  Uvesa, a leading poultry supplier in Spain, as it looks to strengthen its presence in the European market.

Under the terms of the deal, MHP will purchase shares at a fixed price of €225 each, with an additional potential payment of up to €21.43 per share, depending on certain post-closing conditions.

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