Two Polish investment funds, managed by Aviva Investors Poland, acquired 3.08% shares of Ukrainian agricultural major Astarta.
As a result of the deal, Aviva Investors Fundusz Inwestycyjny Otwarty and Aviva Investors Specjalistyczny Fundusz Inwestycyjny Otwarty hold 769.486 thousand shares.
Recently, the largest Ukrainian producer of sugar has become an object of interest of still other foreign investors. International financial group Fairfax Financial Holdings Limited announced its plans to buy a 9.99% stake at Astarta.
The largest Ukrainian producer of sugar Astarta posted a net profit of EUR 16mln in 2015 compared to EUR 68mln loss a year before.
Astarta inclorporates 5 regional divisions: OOO "Poltavazernoprodukt", LLC "Agrofirma Dovzhenko." LLC "Dobrobut" (all - Poltava region), LLC "Khmelnytsky" (Vinnytsia region) and OOO "Volochisk-Agro" ( Khmelnitsky region).