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Dubai-based Adeptio committed to takeover offer for Kuwait Food Co shares

Gulf investment group Adeptio plans to undertake a mandatory takeover offer of shares in Kuwait Food Co, it said in a bourse filing on Sunday. The disclosure to the Kuwait stock exchange came after the Gulf investment group, led by prominent businessman Mohamed Alabbar, on Thursday bought a 66.79 percent…

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Click here to read the full story: Alarabiya English

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