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Raya Holding Receives $40 Million Offer for 49% Stake in Raya Foods

Raya Holding for Financial Investments announced that it has received a binding offer, dated October 16, 2024, to acquire a 49% stake in Raya Foods, a fully owned portfolio company. The proposed transaction values the deal at USD 40 million, signaling investor interest in the food industry arm of Raya's diverse portfolio.



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