Wednesday, June 20, 2007

Corporate bread

"Leading Greek food and dairy group Vivartia has informed the local media that it will be establishing a joint venture in Saudi Arabia with Western Bakeries and Olayan Financing Company.

The Greek food firm will control 25% (worth 14 million euro) of the new company. Another 60% will belong to Western Bakeries, and the remaining 10% will go to Olayan."

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