MHP S.A. disposed of its Crimean assets

21 February 2017

According to the statement on web-site of the largest Ukrainian poultry producer it disposed of several subsidiary companies registered in Crimea.

In statement it is noted that consideration was equal to the fair market value of these businesses. The proceeds will be applied towards further investment and expansion in MHP’s chicken meat production operations and/or expansion of the group’s land bank.

We see these news as positive for the group, as normal operations of these assets in Crimea by MHP in short- and middle-term were quite unlikely.

See all news
All about MHP

Popular on site:
Ukrainian sunflower seeds and oil market
Ukrainian Y2016 agri-commodities export digest
Ukrainian soybeans market is ready for new records

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