United Foods buys stake in Emirates Refreshments

Emirates Refreshments’ capital amounts to AED 30 million (Photo Credit: Company Website)

30 June 2016 05:51 AM

ERC
ERC

-1.02% 1.94 -0.02

United Foods
UFC

-4.92% 12.36 -0.64

Dubai-Mubasher: United Foods Company acquired 20% of Emirates Refreshments’ capital, or 6 million shares, according to a bourse statement.

Emirates Refreshments’ capital amounts to AED 30 million, distributed on 30 million shares.

Mergers and Acquisitions Companies Investments

Source: Mubasher

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