SCM Signs Agreement to Sell JSC Dnipropetrovsky Brewery "Dnipro"
OREANDA-NEWS. October 21, 2008. System Capital Management has signed an agreement on selling its 100% shareholding of JSC "Dnipropetrvs'ky Brewery "Dnipro" to the French malt production company Soufflet, reported the press-centre of SCM.
Corporate rights will be transferred from SCM to Soufflet after the purchaser obtains all necessary approvals and other legal requirements are met.
The parties have agreed not to disclose details of the transaction until it is completed. Nevertheless, it is expected that the plant will continue malt production after the change in ownership.
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