Almarai completes Mead Johnson acquisition

Almarai completes Mead Johnson acquisition
Updated 10 January 2014 00:28
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Almarai completes Mead Johnson acquisition

Almarai completes Mead Johnson acquisition

Almarai Company said it now owns the entire share capital of International Pediatric Nutrition Company (IPNC).
This is a joint-venture between Almarai and Mead Johnson.
Further to Almarai announcements on Tadawul dated Dec 8 and Dec. 31 about the restructuring of IPNC, Almarai said all necessary approvals related to this transaction have been received and therefore this transaction has been completed.