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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Sara Lee Corp | LSE:SRL | London | Ordinary Share | COM STK US$1.33 1/3 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 13.82 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMSRL
Sara Lee Corporation ("Sara Lee") (NYSE:SLE) today announced that its wholly owned subsidiary, DE International Holdings ("DE International"), has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission ("SEC") relating to the spin-off of Sara Lee's Coffee & Tea business and related transactions, which are described in the registration statement. As a result of the spin-off and related transactions, DE International will hold, through its subsidiaries, all of the assets historically associated with the Coffee & Tea segment of Sara Lee, and all of the outstanding ordinary shares of DE International will be owned by the shareholders of Sara Lee, pro rata in accordance with their holdings of Sara Lee common stock. DE International intends to apply to list its shares on the NYSE Euronext in Amsterdam. In addition, DE International intends to change its corporate name before completion of the spin-off.
Securities Legend
A registration statement relating to these securities has been filed with the SEC but has not become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This release does not constitute an offer to sell or the solicitation of any offer to buy, and there shall not be any sale of the ordinary shares in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offering under U.S. securities laws of the ordinary shares of DE International will be made only by means of a prospectus. When available, a copy of the preliminary prospectus may be obtained by sending an email to coffeeteaco@saralee.com or by writing to DE International at: DE International Holdings, Attn: Investor Relations, Vleutensevaart 100, Utrecht, 3532 AD, The Netherlands. In connection with the listing of DE International's ordinary shares on NYSE Euronext in Amsterdam, a prospectus approved by the Netherlands Authority for the Financial Markets will in due course be made available in the same manner.
Sara Lee Corporation Media: Jon Harris, +1.630.598.8661 Michiel Quarles van Ufford, +31.30.292.7255 or Investor Relations: Melissa Napier, +1.630.598.8739 Robin Jansen, +31.30.292.7455
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