Egypt: Arla makes offer for majority stake in Domty

Leading European dairy company Arla has made a non-binding offer to acquire a majority stake in dairy company Arabian Food Industries, trading as Domty, for 31.48 EGP ($0.66) per share. Domty is a publicly listed company that employs 4,000 staff and operates two production facilities, with a range of over 200 items including branded white […]

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