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MHP SE GDR RegS ( (MHPSY) ) has shared an announcement.
MHP SE has signed a Share Purchase Agreement to acquire over 41% of shares in UVESA, a leading Spanish poultry company, marking a strategic expansion into the European market. This acquisition aligns with MHP’s vision of strengthening its presence in the European poultry sector and supporting UVESA’s growth into new markets. The agreement includes a fixed share price with potential additional consideration, and completion is subject to regulatory approvals. This move is expected to enhance MHP’s operational capabilities and market reach, benefiting stakeholders through job stability and economic value generation.
More about MHP SE GDR RegS
MHP SE is a publicly listed international food and agriculture company, primarily engaged in the production of high-quality food products. The company operates across agriculture, food production, and retail sectors, with facilities in Ukraine and the Balkans, and subsidiaries in various countries including the Netherlands, the UK, and the UAE. MHP is a significant player in the Ukrainian economy, being the largest taxpayer in the agricultural sector and a major investor. It exports to over 80 countries and manages a substantial land bank in Ukraine.
YTD Price Performance: 22.65%
Average Trading Volume: 476
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $693.6M
For an in-depth examination of MHPSY stock, go to TipRanks’ Stock Analysis page.