AS "AB CITY" completed the acquisition of an additional 49.19% stake in AS Olainfarm from a group of shareholders for 64.2 million.
AS "AB CITY" completed the acquisition of an additional 49.19% stake in AS Olainfarm (RISE:OLF1R) from a group of shareholders for 64.2 million on December 7, 2021. After the mandatory offer, AS "AB CITY", has gained direct and indirect control over 96.12% of Olainfarm shares. As of July 3, 2022, the transaction has received an approval of subject to antitrust regulations.