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LIC announces agreement to divest automation business
08/06/2021, 08:31 NZST, GENERAL
LIC announces agreement to divest automation business Livestock Improvement Corporation (NZX: LIC) announces it has entered into an agreement to divest its automation business to MSD Animal Health, a division of Merck & Co., Inc., Kenilworth, N.J., USA (NYSE:MRK) for an amount of NZ$38,100,000 and subject to a working capital adjustment. See statement attached for more information. Contact: Shareholder enquiries: 0800 264 632 Media enquiries: Ashleigh Sattler, Ashleigh.Sattler@lic.co.nz 0276171942 End CA:00373510 For:LIC Type:GENERAL Time:2021-06-08 08:31:10