April 29 (Reuters) - Bakkavor Group Plc ( BKKVF ):
* SALE OF CHINA OPERATIONS
* PROPOSED DEAL FOR CASH CONSIDERATION IS RMB C.500M
(C.£50M) ON A
CASH AND DEBT-FREE BASIS
* CASH CONSIDERATION IS RMB C.500M
* TRANSACTION PROCEEDS DILUTIVE TO GROUP ADJUSTED OPERATING
PROFIT
MARGIN, WILL SUPPORT DELIVERY OF GROUP'S MEDIUM-TERM MARGIN
TARGET OF 6%