07.10.2013, 17:17
Kernel Holding Announced Divestment of Non-Core Farming Enterprises
OREANDA-NEWS. Kernel Holding S.A. informs that in accordance with the previously announced strategy to divest remotely located farmland, the company has completed, via its subsidiary, the sale of the farming operations located in southern Ukraine for a total consideration of USD 7.0 million.
Following the deal, the company’s farming operations in Ukraine amount to 405,000 hectares of leasehold land.
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