Following the announcement on 25 regarding Almarai’s participation as a founding shareholder holding 33 percent in the share capital of UFHC, a Saudi limited liability company, Almarai stated that it is pleased to announce to its shareholders that the boards of UFHC and CFG have reached an agreement on the terms of a recommended cash offer to acquire all of the issued and to be issued capital of CFG.
Read more: http://www.arabnews.com/news/446591
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