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-   -   Saudi's Savola, Takween extend talks over potential plastics unit sale (https://hameed.nwar.uk/vb/showthread.php?t=921862)

rss 11-08-2014 05:53 AM

Saudi's Savola, Takween extend talks over potential plastics unit sale
 
DUBAI, **v 6 (Reuters) - Savola Group, Saudi Arabia's largest food products firm, has agreed a seven-week extension to talks with Takween Advanced Industries over the sale of its plastics business, both companies said on Thursday. Savola said in July it had entered a **n-binding agreement with Takween to sell its entire share capital in Savola Packaging Co as it looked to focus on its core sectors of food and retailing. Talks about a potential deal between the two companies had been due to end on **vember 11. ...

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