"Cherkizovo" "Krasnobor" for 1,9 billion rubles] gets the producer of a turke

PUBLIC JOINT-STOCK COMPANY "GRUPPA CHERKIZOVO" (MOEX: GCHE) reached the agreement on purchase the Tula JSC "Krasnobor" - the third largest producer of meat of a turkey to Russian Federation. The amount of transaction taking into account a debt will make 1,9 billion rubles. This acquisition will strengthen Cherkizovo positions in the fast-growing market of products from a turkey and will give a good synergy with the new meat-processing enterprises which the Group will construct to Tula Region...