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Shaker Acquires 10% Stake in Cashew KSA to Support Growth of Digital Lending Solutions in Saudi Arabia

Shaker Group acquires 10% stake in Cashew

Shaker in deal to buy 40pc stake in Cashew Payments Saudi unit

Shaker Group, a leading Saudi manufacturer and distributor of air conditioners and home appliances, said it has reached an agreement with leading Buy Now Pay Later (BNPL) company Cashew Payments to acquire a 40% stake in its Saudi unit - Cashew KSA.

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