Polish TFI PZU increases its stake in Kernel

25 January 2017

Kernel remains main newsmaker among Ukrainian public companies during last period of time. The company has ambitious investment program and plans USD 500M Eurobonds issuance (according to latest information of Reuters, orders book is oversubscribed at USD 2bln). In addition yesterday it was reported on Warsaw Stock Exchange web-site that Polish PZU Group accumulated more than 10% of total shares of the largest Ukrainian sunflower oil producer.

Previously (in notification dated on 25 June 2016) it was reported that PZU (which is one of the largest financial institutions in Central and Eastern Europe, headed by Polish insurance company PZU SA) owned 5.17% in Kernel. As a result of new acquisitions, PZU practically doubled its share in Ukrainian agri-holding.

See all news
All about Kernel

Popular on site:
Kernel reports financials for Q1 FY2017
Kernel publishes operating results for Q2 FY2017
Kernel Holding held a conference call with investors

Company Price, USD Market Cap Change,%
MHP
Kernel
Ferrexpo
Astarta
Ovostar

Type Price Weekly change,% Annual change,%
Corn CBOT
Wheat CBOT
Iron Ore
Crude Oil

Currency Rate Weekly change,% Annual change,%
USD/UAH
EUR/USD
USD/RUR