Home Feature UPDATE: Egypt’s Juhayna says ADQ has not made formal offer for stake acquisition

UPDATE: Egypt’s Juhayna says ADQ has not made formal offer for stake acquisition

by Amwal Al Ghad English
Juhayna

Egypt’s top dairy and juice maker, Juhayna Food Industries said in a bourse filling on Thursday it has received no formal offer from Abu Dhabi fund ADQ to buy a stake in the business.

The statement came after Bloomberg reported that state-owned ADQ was considering acquiring a stake in Juhayna.

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