Tuesday 21 May 2024
 
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Geant super market

Savola in $117m deal to buy Geant supermarkets

Saudi-based Savola Group said it agreed to pay SR440 million ($117.3 million) to buy all Geant supermarkets owned by Fawaz Alhokair Group, absorbing its second retail competitor since 2008. Savola has signed an agreement with the Saudi-bas

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