Al Meera to fully acquire Spinneys Qatar within days

Doha – Mubasher: Al Meera Consumer Goods Company announced on Thursday that it will complete an indirect acquisition of 100% stake in Spinneys Qatar through its subsidiary Al Meera Holding Company.

The deal will be sealed in three days, a bourse statement said.

Last December 2015, Al Meera signed a non-binding agreement to outline the acquisition deal which is worth $30 million.

Mubasher Contribution Time: 10-Mar-2016 08:34 (GMT)