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Saudi Arabia's Alhokair gets offer for Blanco

Saudi Arabian retailer Fawaz Abdulaziz Alhokair Co has received an offer from a fund managed by a Dubai-based investment bank to buy its investment in Spanish clothing retailer Blanco for 350 million Saudi riyals ($93 million), it said in a bourse statement on Tuesday. The payment would be made over…

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Click here to read the full story: Reuters

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