Fazer: will not purchase Volzhky pekar´s shares
Helsinki / FI. (fg) Fazer Group and the Tver bakery OAO Volzhky pekar made a decision in June about the initiation of strategic co-operation and Fazer purchasing the majority of the bakery´s share capital. During this autumn, however, Fazer and Volzhky pekar have both realized that neither party is at the moment prepared to carry out the planned deal.