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Announced

Intersnack acquires a 40% stake in URC Oceania from Universal Robina.

Synopsis

Intersnack Group, a leading European food business conglomerate acquires a 40% stake in URC Oceania from Universal Robina. Financial terms were not disclosed. Both parties intend to complete the transaction once the necessary approvals are obtained from the Australian Foreign Investment Review Board and New Zealand Overseas Investment Office.

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