Monday 23 December 2024
 
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Arab Dairy

Pioneers snaps up cheese maker Arab Dairy

Egyptian financial services firm Pioneers Holding has won the race to buy Egypt's Arab Dairy for E£255 million ($33.4 million), beating a rival offer from Al Nour, the market regulator said on Monday. The battle for cont

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Pioneers snaps up cheese maker Arab Dairy

Egyptian financial services firm Pioneers Holding has won the race to buy Egypt's Arab Dairy for E£255 million ($33.4 million), beating a rival offer from Al Nour, the market regulator said on Monday. The battle for cont

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Lactalis unit tops rival bid for Arab Dairy

A subsidiary of Europe's biggest dairy group Lactalis has raised its offer for Egypt's Arab Dairy to E£65.75 per share, topping the latest rival bid from Pioneers Holding. The revised bid values Arab Dairy at E£

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Saudi Egyptian Investment buys into Arab Dairy

Egypt's Saudi Egyptian Investment and Finance Company said on Tuesday it had acquired 12.5 percent of Arab Dairy Company for 48.6 million Egyptian pounds ($9.1 million). The company said the move raised the total number of shares it owns i

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