Pioneers snaps up cheese maker Arab DairyEgyptian 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 More… |
Pioneers snaps up cheese maker Arab DairyEgyptian 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 More… |
Lactalis unit tops rival bid for Arab DairyA 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£ More… |
Saudi Egyptian Investment buys into Arab DairyEgypt'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 More… |