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|| Saudi firm Almarai buys Argentina firm for $83 million

almarai.jpgSaudi 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.

To see a list of investor from Saudi Arabia check our Middle East Investors Directory.

More details follows

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