Saudi firm Almarai buys Argentina firm for $83 million
Saudi Arabia's Almarai, the Gulf's biggest dairy firm by market value, acquired Fondomonte which owns and operates farms in Argentina for $83 million.
Fondomonte is comprised of three farms totaling 12,306 hectares and is dedicated to the production of corn and soybean.
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More details follows
December 22, 2011 |
Filed under Saudi Investors
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