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FrieslandCampina must buy out partners Engro

NewsBy Klaas van der HorstPublished: Yesterday 04:55 PM CET

FrieslandCampina must buy out partners FMO (financing bank) and IFC from the consortium that acquired a 51% stake in the Pakistani Engro Foods in 2016. One of the other two partners within the consortium has exercised a put option, obliging FrieslandCampina to buy out the remaining share.

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