Tabuk Agricultural extends MoU for ASTRA Farms acquisition

03/12/2017 Argaam

 

Tabuk Agricultural Development Co. (TADCO) has extended a memorandum of understanding (MoU) to buy ASTRA Food Co.’s agriculture business until Dec. 31, 2017, the company said in a statement to Tadawul

 

TADCO extended the deal, which was supposed to expire on Sept. 30, to complete negotiations between the two parties.

 

The Tadawul-listed firm had signed in May 2016 an agreement with ASTRA Food to acquire its agricultural division, ASTRA Farms, and the related transport services under a share swap deal, Argaam earlier reported. 

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.