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Danone unit and Saudi dairy producer planning merger talks

Published Sun, Oct 8, 2017 · 09:50 PM

Riyadh

NATIONAL Agricultural Development Co, the Saudi dairy producer part owned by the kingdom's sovereign wealth fund, plans to start talks with Danone SA's venture in the country for a potential combination.

Shareholders of the privately-held Al Safi Danone will own 38.75 per cent of National Agricultural Development Co at the co…

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Companies & Markets

Danone unit and Saudi dairy producer planning merger talks

Consumer & Healthcare

Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom

Swiss watch exports plunge as China and Hong Kong demand dries up

Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO

Billionaires selling cheap stuff get richer from inflation pain

Amazon to push cashierless shopping tech into more third-party stores, while backing off itself

Japan’s Uniqlo opens Rome store as part of European expansion

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