(MENAFN) Qatar's Zad Holding said that it is planning to sell a 50 percent stake in a new poultry company under creation, including through an initial public offering, QNA reported.
Zad Holding Company plans to have 50 percent ownership in the company to be founded and to offer a 20 percent stake to strategic partners and remaining 30 percent to the public as an IPO, it said in a statement to the Qatar bourse.
The firm said it expected final approval for the project from authorities soon. It did not give further details.
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