July 8 (Reuters) - Universal Robina Corp URC.PS :
* UNIT ENTERED PARTNERSHIP WITH EUROPE-BASED INTERSNACK
GROUP TO
BOOST ITS OPERATIONS IN OCEANIA SNACK FOOD MARKET
* INTERSNACK TO BUY 40% STAKE IN URC'S CONSOLIDATED
BUSINESSES IN
AUSTRALIA AND NEW ZEALAND
* CONSIDERATION FOR TRANSACTION WILL BE MIX OF CASH & SHARES
OF
YARRA VALLEY SNACK FOODS, INTERSNACK'S UNIT IN AUSTRALIA
* TRANSACTION NEEDS APPROVALS FROM AUSTRALIAN FOREIGN
INVESTMENT
REVIEW BOARD AND NEW ZEALAND OVERSEAS INVESTMENT OFFICE
Source text for Eikon: company coverage: URC.PS