Dubai – Mubasher: Dubai Investments exited its 100% stake in Marmum Dairy Farm and its distribution unit United Sales Partners, according to a statement.
The Dubai-listed firm sold its stake to UAE-based Elite Agro, a subsidiary of Emirates Advanced Investments Group.
“The overall impact of this exit on Dubai Investments income statement was gain of AED 186 million,” according to the company’s managing director and CEO Khalid Bin Kalban.
