June 12, 2017 / 10:36 AM / a month ago

BRIEF-Nomad Foods enters into deal to settle legacy tax claims

1 Min Read

June 12 (Reuters) - Nomad Foods Ltd:

* Nomad Foods enters into an accretive transaction to settle legacy tax claims

* Nomad Foods Ltd - deal for $10.75 per share

* Nomad Foods Ltd - aggregate purchase price of approximately $105.1 million

* Nomad Foods Ltd - aggregate purchase price will be funded from company's cash on hand and shares will be retired.

* Nomad Foods Ltd - transaction is 6 pct accretive to EPS

* Nomad Foods Ltd - to repurchase 9.8 million of its shares beneficially owned by funds advised by Permira Advisers LLP at a purchase price of $10.75 per share Source text for Eikon: Further company coverage:

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