Polish investment fund increases its stake in Astarta
8 September 2016
Astarta Holding remains quite attractive target for international financial investors. After news about agreement on 10% of the company shares purchase by Canadian Fairfax Financial Holdings (along with an option to buy additional 17.8% stake), Astarta notified that Polish investment company Aviva Investors accumulated more than 3% of total shares of the company. Astarta remains one of the best Ukrainian agri-holdings with diversified activity and acceptable financial standing. In new marketing year the company is expected to improve its performance with growth of world sugar prices and expected increase of Ukrainian sugar export operations (Astarta is the largest sugar producer in Ukraine).