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Carlyle plans Saudi food company acquisitionUS private equity giant Carlyle Group is on track to acquire a food processing company in Saudi Arabia by the end of the year and is scouting for more deals in the Gulf region, a senior executive said. In April, the private equity firm whi More… |
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Provisions hit Savola profitUnexpected provisions for loss-making units and asset write-offs all but wiped out fourth-quarter profits at Saudi food company Savola. Savola Group, which owns the Middle East's biggest sugar refining business and produces edible oil, More… |
