Joseph Heap & Sons, subsidiary of Ebro Puleva, and Stevens & Brotherton, subsidiary of Riviana Foods, have completed the merger process begun on 17 September 2003
Ebro Puleva broke through the 100 million euro threshold for the first time in 2003, posting a consolidated net profit of 100.8 million euro, 5.1% up on the previous year.
Puleva Biotech recorded a turnover of 4.6 million euro.
The Board of Directors of the Ebro Puleva Group approved a 10% increase in the dividend payable to its shareholders in 2005
The Ebro Puleva Group (Electronic Stock Market: EVA), leader in the Spanish food sector, has reached an agreement with ED&F Man Sugar, world leader in the sugar trade, for the strategic development of the businesses owned by Ebro Puleva in Chile.
Ebro Puleva, the leading group in the Spanish food sector, posted a net operating profit (EBITDA) of 206.5 million euro up to September 2004
Ebro Puleva S.A. (Mercado Continuo: EVA) today announced the successful completion of the acquisition of all of the outstanding shares of common stock of Riviana Foods Inc. (Nasdaq: RVFD).
Ebro Puleva S.A. (Mercado Continuo: EVA) today announced the successful completion of the subsequent offering period for Ebro Puleva´s tender offer by its direct and indirect wholly-owned subsidiary, Ebro Puleva Partners G.P., to purchase all of the outstanding shares of common stock of Riviana Foods Inc. (Nasdaq: RVFD) for $25.75 per share in cash
According to The Bank of New York, the depositary for the offer, as of the expiration of the offer, 13,312,268 shares of Riviana common stock were validly tendered in the offer and not withdrawn and, excluding 420,491 shares tendered by notice of guaranteed delivery, represent approximately 88.7% of all the outstanding shares of common stock of Riviana.
Ebro Puleva, S.A. (Mercado Continuo: EVA) announced today that it has entered into a definitive merger agreement pursuant to which it will acquire Riviana Foods Inc. (NASDAQ/NMS: RVFD) in a transaction valued at approximately $380 million before assumption of debt