Thursday 6 October 2022
 
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Al Safi Danone

Saudi Arabia's Nadec acquires Al Safi Danone

Saudi Arabia-based Al Safi Holding, a unit of Al Faisaliah Group, has sold its shares in Al Safi Danone Company (ASD), a producer of dairy and juice products, to National Agricultural Development Co (Nadec). Baker McKenzie, a lead

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Saudi firm set for merger talks with Al Safi Danone

Saudi-based National Agricultural Development Company (Nadec) said it is set to start merger talks with leading dairy company Al Safi Danone (ASD) that will be executed through a share swap deal. ASD is a joint venture between Sau

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Saudi firm set for merger talks with Al Safi Danone

Saudi-based National Agricultural Development Company (Nadec) said it is set to start merger talks with leading dairy company Al Safi Danone (ASD) that will be executed through a share swap deal. ASD is a joint venture between Sau

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IFC to invest in Al Safi Danone's Iraq unit

The International Finance Corporation (IFC) said it would inject $18 million in the Iraq unit of Saudi dairy company Al Safi Danone, a rare foreign investment in the country's non-oil sector. The funds will help expand operati

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IFC to invest in Al Safi Danone's Iraq unit

The International Finance Corporation (IFC) said it would inject $18 million in the Iraq unit of Saudi dairy company Al Safi Danone, a rare foreign investment in the country's non-oil sector. The funds will help expand operati

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