Qalaa mulls disposal of remaining food businesses

Qalaa Holdings is considering whether to sell the last two remaining Egyptian food companies in its portfolio – confectioner Rashidi El-Mizan and dairy firm Dina Farms. The investment company would realize approximately $300 million with the exits. The proceeds of any sale would be used to pay down Qalaa’s debt.

Read more at Just Food…

Be the first to comment

Leave a Reply

Your email address will not be published.


This site uses Akismet to reduce spam. Learn how your comment data is processed.