Al Meera considers plans to acquire Spinneys Qatar

Doha – Mubasher: Al Meera Consumer Goods Company announced on Tuesday that it considers plans to indirectly and fully acquire Spinneys Qatar through its subsidiary Al Meera Holding Company.

The Qatar-listed company earlier posted a net profit of QAR 136.9 million in the first nine months of 2015, with a fall of 15% compared to around QAR 161.1 million in the same period last year.

Al Meera is capitalised at QAR 200 million distributed across 20 million shares, with a nominal value of QAR 10 per share.

Mubasher Contribution Time: 15-Dec-2015 07:32 (GMT)