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Saudi BinDawood s Q1 net profit drops 20%, misses estimate

Saudi retailer BinDawood to acquire 80 5% stake in French TFI s subsidiary

RIYADH: BinDawood Holding Co. has received approval from its shareholders and board to acquire an 80.5 percent stake in Ykone, a subsidiary of French TF1 Group. The acquisition will be made through its newly established French subsidiary Future Retail for Information Technology Co., with the option of purchasing an additional 4.9 percent, according to a bourse filing BinDawood

KSA: BinDawood takes majority stakes in French company Ykone – The North Africa Post

KSA: BinDawood takes majority stakes in French company Ykone – The North Africa Post
northafricapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from northafricapost.com Daily Mail and Mail on Sunday newspapers.

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