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Wednesday 30 July 2025
Last Updated : GMT 09:40:38
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NADEC

Saudi food firms NADEC, Al Safi Danone to discuss possible merger

Themuslimchronicle, themuslimchronicleSaudi food firms NADEC, Al Safi Danone to discuss possible merger278863/85
Dubai - Muslimchronicle
National Agricultural Development Company (NADEC) and Al Safi Danone Company (ASD) have entered into a non-binding agreement to explore a possible merger. “The term of the MOU [Memorandum of Understanding] is for a period of six months. The parties have agreed on an exclusivity period during which they will conduct financial, commercial and legal due diligence,” NADEC said in aRead more

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