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FINANCIAL NEWS
UAE- Agthia acquires Turkey’s Pelit Su
18 Mar 2012
(MENAFN) Agthia Group’s chairman, Rashed Mubarak Al Hajeri, said that the company completed the deal of acquiring Pelit Su, the Turkey-based spring water company, reported Arabian Business.
Al Hajeri said that as the company plans further international emergence, the new deal comes in line with the company’s long term strategy.
It is worth mentioning that the UAE’s biggest food and beverage group had earlier invested in Egypt in order to expand geographically.
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Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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