Cairo – Mubasher: Raya Holding for Financial Investment signed a preliminary contract to acquire The International Union forr Integrated Food Industries (LAZAH), said a bourse filling.
The deal preliminary value stands at EGP 80 million, while the final value will determined following finishing the due diligence process.
Earlier, Raya said it plans to pump investments of nearly EGP 150 million in addition to acquiring company within the food industry field.
