BUSINESS

Sarantis SA to buy Ava’s rights in Greece from Procter & Gamble

Athens-listed firm Sarantis SA announced on Wednesday it has agreed to buy cleaning liquid Ava’s rights in Greece from Procter & Gamble for 3.49 million euros, with the deal set to be completed by April 30.

It will begin operating Ava as of May 1.

Sarantis stated that the purchase of the Ava rights forms part of the group’s developing strategy and enforces its products portfolio.

[Reuters]

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