Aug 28 (Reuters) - Tasfoods Ltd (TFL) :
- ENTERED INTO A BINDING BUSINESS SALE CONTRACT WITH BEGA CHEESE LIMITED
- ASSET SALES TO REPOSITION TASFOODS FOR PROFITABLE GROWTH 1H 2023 RESULTS
- CONTRACT FOR SALE OF BETTA MILK AND MEANDER VALLEY DAIRY FOR CASH CONSIDERATION OF A$11.0 MILLION
- WILL ENTER INTO A LEASE AGREEMENT FOR BEGA TO LEASE BURNIE SITE
- NET PROCEEDS OF DEAL WILL BE USED TO RETIRE ALL OF TASFOODS EXISTING TERM DEBT AND FUND FUTURE GROWTH CAPITAL REQUIREMENTS
- HY TOTAL OPERATING REVENUE FOR PERIOD OF A$38.2 MILLION
- GROSS MARGIN FOR GROUP INCREASED BY 2% FOR HY
News: BGA Tasfoods Ltd Says Entered A Binding Business Sale Contract With Bega Cheese Ltd
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