Mubasher: The board members of Danah Al Safat Foodstuff primarily approved an offer to purchase the company’s entire stake in F&B Venture Holding, according to a bourse filing issued on Thursday.
The Kuwaiti company has already acquired F&B Venture, which is operating in the industrial sector in Lebanon, with a capital standing at KWD 5 million.
The board has authorised the executive department to place a study for recognising the financial impact from this deal.
