Saudi Arabia's Nadec acquires Al Safi Danone

30/03/2018 05:30 AST


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Saudi Arabia's Nadec to buy Al Safi Danone through $143m capital increase

26/03/2018

Nadec, the Saudi food and beverage company in which the kingdom's sovereign wealth fund has a 20 per cent stake, agreed to buy rival Al Safi Danone in a deal that will be funded through a 536 million

The National

Saudi food firms NADEC, Al Safi Danone to discuss possible merger

09/10/2017

National Agricultural Development Company (NADEC) and Al Safi Danone Company (ASD) have entered into a non-binding agreement to explore a possible merger.

"The term of the MOU [Memorandum of

Arab News

NADEC signs MoU with SAFI DANONE Company Limited

08/10/2017

National Agricultural Development Company (NADEC) is pleased to announce that it has entered into a non-binding memorandum of understanding (the MOU) on 17/1/1439H corresponding to 7/10/2017G with Al

Tadawul

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