Almarai seeks controlling stake in UAE’s food firm

Riyadh-Mubasher: Almarai Company showed its interest to acquire a controlling stake in Abu Dhabi-based National Food Products Company (NFPC), according to a bourse statement.

NFPC officially started a competitive sale process for part of its share capital and invited Almarai to proceed with due diligence.

Almarai will announce further updates when available.

Mubasher Contribution Time: 17-Apr-2016 06:29 (GMT)
Mubasher Last Update Time: 17-Apr-2016 06:29 (GMT)