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Derrimon Trading Company Limited (DTL) – Completed Acquisition

Derrimon Trading Company Limited (DTL) has advised that the Company has completed the transaction to acquire control of Food Services New York, Inc. and Good Food for Less, as a going concern on the terms set out in its announcement on January 8, 2021.

DTL also advised that the final consideration was valued at US$8.9 Million, coming in at the lower end of the range set out by the Company in its prior announcement.