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Economy Local 2025-12-23T16:22:36+00:00

Food Holding Acquires 70% Stake in Two UAE Food Companies

Food Holding announces the acquisition of a 70% stake in Taza Halti for Food Industries and Taza Quality for Food Trading. The deal value is undisclosed and subject to regulatory approvals.

Food Holding Acquires 70% Stake in Two UAE Food Companies

Food Holding announced that its subsidiary, NRTC Food Holding LLC, has signed a share purchase agreement to acquire a 70% stake in Taza Halti for Food Industries and Taza Quality for Food Trading. The company added in a disclosure that the acquisition amount for the two companies was not disclosed, noting that the completion of the deal is subject to fulfilling certain conditions under the purchase and sale agreement and obtaining regulatory approvals.

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