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Nafooz acquires 65% of Al-Ta'am Al-Wafir
Nafou Food Products Company announced the completion of its acquisition of a 65% stake in Al-Taaam Al-Wafir after obtaining all necessary regulatory approvals, including the No Objection Letter from the Competition Authority, with the share registration completed on October 5, 2026. The company confirmed that the deal was executed according to the planned schedule without any changes to the announced financial consideration, and the financial impact of the transaction will be reflected in the financial statements as part of the merger process.
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