Thimar sells 20% of agriculture affiliate

30/12/2014 Argaam

National Agriculture Marketing Company’s (Thimar) board of directors agreed on Tuesday to sell 20 percent of the company’s stake in its affiliate Thimar & Wasmi Agriculture Company.

The deal is to provide liquidity necessary for expansions of the company’s activities, Thimar said in a short statement.

Further details of the deal will be announced later, the company added.

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