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Thursday, 29 July 2021

Egypt's Juhayna says ADQ has not made formal offer for stake in business

Reuters , Thursday 3 Jun 2021
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Egypt's Juhayna Food Industries (JUFO.CA) has received no formal offer from Abu Dhabi fund ADQ to buy a stake in the business, it said in a statement to the Egyptian stock exchange on Thursday.

The statement came after Bloomberg reported that state-owned ADQ was considering buying a stake in Juhayna.

 

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