Greenyard announces successful completion of the sale of the Horticulture segment
(WorldNews Belgium)

Greenyard announces successful completion of the sale of the Horticulture segment Sint-Katelijne-Waver, Belgium, 18 December 2018 - Greenyard (Euronext Brussels: GREEN) Highlights o Greenyard announces the successful completion of the sale of the Horticulture segment ahead of schedule. o 100% of the Horticulture segment (including Mycoculture) was transferred to Straco for a total amount of EUR 120m. o Net financial debt of Greenyard is equally reduced by EUR 120m, which is an important step towards deleveraging the balance sheet to reach the new covenant level of 4,25x (net financial debt/REBITDA) by March 2019. o Greenyard intends to gradually further deleverage its balance...