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Saudis likely paying up to 300-mln for Mriya agriculture assets
Journal Staff Report

KYIV, Sept 12 - The cost of the Ukrainian agroholding Mriya, to be purchased by The Saudi Agricultural & Livestock Investment Co. (SALIC), is in the range of $175-300 million, according to investment experts interviewed by Interfax-Ukraine.

"Taking into account the land bank of Mriya of 165,000 hectares and the average EBITDA level in Ukraine of $300-400 per hectare, the cost of the agricultural holding including the debt could be $250-300 million, or five EBITDA," head of the analytical department of Art Capital Ihor Putilin believes.




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