Perdigao Acquires Control of Batavia
PDA, Batavia, Cooperativa Central de Laticinios do Parana Ltda., Cooperativa Central Agromilk and Parmalat Brasil S.A. Industria de Alimentos have concluded a series of transactions.
29/05/06 Pursuant to CVM Instruction 358 of January 3, 2002, Perdigao S.A. announces that PDA Distribuidora de Alimentos Ltda. ("PDA"), a corporation indirectly controlled by Perdigao S.A., has acquired 51% of the capital stock of Batavia S/A Industria de Alimentos ("Batavia"), subject to the effective transfer of shares mentioned in item 3 below.
PDA, Batavia, Cooperativa Central de Laticinios do Parana Ltda. ("CCLPL"), Cooperativa Central Agromilk ("CCA" and, jointly with CCLPL, the "Cooperatives") and Parmalat Brasil S.A. Industria de Alimentos ("Parmalat") have concluded a series of transactions under which:
1. PDA has acquired from Parmalat at a price of R$101,000,000.00 (one hundred and one million reais), 73,542,000 common shares issued by Batavia and held by Parmalat and the totality of the equipment that up to the present time has been leased free of charge by Parmalat to Batavia;
2. PDA has acquired from the Cooperatives at a total price of R$8,700,000.00 (eight million, seven hundred thousand reais), 5,000,000 (five million) common nominative shares issued by Batavia and held by said Cooperatives.
3. The implementation and conclusion of the operations described in items 1 and 2 above are subject to compliance with the suspensive conditions in the documents relative to the transactions.
