Tuesday, 02 January 2024 12:17 GMT

Saudi- Almarai completes Mead Johnson acquisition


Date:

(MENAFN- Arab News) Almarai Company said it now owns the entire share capital of International Pediatric Nutrition Company (IPNC)



This is a joint-venture between Almarai and Mead Johnson.



Further to Almarai announcements on Tadawul dated Dec 8 and Dec. 31 about the restructuring of IPNC, Almarai said all necessary approvals related to this transaction have been received and therefore this transaction has been completed

Arab News

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