Kernel takes over Ukrainian assets worth $43.3 mln

WSE-listed Ukrainian edible oil producer Kernel acquired a farming company for $43.3 million, the company said in a market filing. “ The purchased entity leases 27.5k farmland, and has the capacity to store 170k metric tons of grain. It also has a positive net working capital (minus net debt) in excess of $4 million. The transaction has been already approved by Ukrainian anti-trust authority.