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| 27 April 2012 |
KERNEL EXPANDS FARMING OPERATIONS BY ACQUIRING TWO FARMING BUSINESSES WITH 119,200 HA IN UKRAINE
Kernel Holding S.A. entered into a call option agreement to purchase a 100% interest in two farming companies, one which manages 79,200 ha of leasehold farmland in the Khmelnitsk region and the other which manages 40,000 ha of leasehold farmland in the Poltava region. |
| 20 March 2012 |
KERNEL SIGNED THE SETTLEMENT AGREEMENT WITH THE STATE AGRICULTURAL FUND
Kernel Holding S.A. (the “Company”) is pleased to announce that the settlement agreement with the State Agricultural Fund (the “Fund”) of Ukraine was signed on 20 March 2012. |
| 09 February 2012 |
FITCH AFFIRMS KERNEL HOLDING S.A. LONG-TERM FOREIGN CURRENCY RATING 'B'; OUTLOOK STABLE
Fitch Ratings, Moscow/London, 08 February 2012: Fitch Ratings has affirmed Luxembourg- based Kernel Holding S.A. (Kernel) Long-term foreign and local currency Issuer Default Ratings (IDRs) of 'B' and 'B+', respectively. Fitch has also affirmed Kernel’s National Long- term rating of 'AA+'(ukr). The Outlooks for the Long-term IDRs and National Long-term rating are Stable. |