Friday 28 November 2014
 
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Olayan

Jadwa’s fund sells Gulf Union Foods stake

Jadwa Investment, a Saudi Arabian private equity house and investment bank, said its Food and Beverage Opportunity Fund has sold its 30 per cent stake in Gulf Union Foods Company (GUFC), a leading beverage produc

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Olayan buys 51pc stake in Gulf Union Foods

Saudi Arabia-based Olayan Financing Co (OFC) said on Sunday it had acquired a majority stake in Gulf Union Foods Co (GUFC) from a group of investors including private equity firm Jadwa Investment. No purchase price for the 51 perc

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Mondelez to launch distribution JV in Saudi

Mondelez International, a global leader in snacks, is forming a joint venture with the Olayan Group and Khalifa Algosaibi group to manage its sales and distribution operations in Saudi Arabia. The joint venture marks further expan

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Burger King opens 65th store in Saudi

Burger King brand has opened its 65th restaurant in Saudi Arabia at Galleria Mall on King Fahd Highway in Riyadh as part of its regional expansion plans. The outlet, the largest in the Kingdom, was officially opened by Samer Khaw

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CH2M enters Saudi through Olayan venture

Engineering giant CH2M Hill has teamed up with Saudi Olayan Group to bid for a growing number of building projects in the country, whose government is spending $400 billion in five years to meet the needs of its rising population. Colorado

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Volkswagen with new partner for joint venture

The Volkswagen Group has reached agreement with a new long-term oriented partner for its Dutch shareholding LeasePlan Corporation in the shape of Fleet Investments, an investment company of the German banker Friedrich von Metzler. Both co-

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Volkswagen with new partner for joint venture

The Volkswagen Group has reached agreement with a new long-term oriented partner for its Dutch shareholding LeasePlan Corporation in the shape of Fleet Investments, an investment company of the German banker Friedrich von Metzler. Both co-

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Qatar, Saudi groups boost Credit Suisse stake

The Qatar Investment Company has increased its stake in the shares of Credit Suisse Group AG to 8.9 per cent, while Saudi conglomerate Olayan has 3.6 per cent, the Swiss bank said. Credit Suisse had already announced the involvement of Qat

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