Logo of Abdulaziz & Mansour Ibrahim AlBabtain Co. (AlBabtain Food)
Abdulaziz & Mansour Ibrahim AlBabtain Co. (AlBabtain Food) canceled today, Oct. 31, a non-binding memorandum of understanding (MoU) with Integrated Business Co. (Integrated Business).
The MoU was cancelled as both the parties failed to reach an agreement, AlBabtain Food said in a statement to Tadawul.
On Aug. 2, 2023, the company signed an MoU with Integrated Business to study feasibility and determine acquisition percentage, according to Argaam's data.
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