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Almarai Co. — Capital/Financing Update 2013
Dec 31, 2013
53318_rns_2013-12-31_6c83bdc8-4163-43ef-b7e6-428467ef78b9.html
Capital/Financing Update
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Addendum announcement from Almarai Company related to restructuring of International Pediatric Nutrition Company, a joint venture between almarai and Mead Johnson Nutrition
2280 · 31/12/2013 15:43:56 · Announcement #32741 · View on Saudi Exchange
Addendum announcement from Almarai Company related to restructuring of International Pediatric Nutrition Company, a joint venture between almarai and Mead Johnson Nutrition
Further to Almarai announcement on Tadawul on 05/02/1435H (corresponding to 08/12/2013G), about restructuring of International Pediatric Nutrition Company, a joint venture between almarai and Mead Johnson Nutrition. Almarai Company announces that, the statutory procedures and the necessary approvals from the relevant authorities to complete the acquisition of IPNC are still under process.
Almarai will announce later any developments in this regard.
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.