ISRAEL: Nestlé/Osem to buy stake in Maabarot unit

By: just-food.com | 23 October 2007

Nestlé and its Israeli subsidiary Osem Investments have signed a memorandum of understanding to buy a 51% stake in the babyfood unit of Maabarot Products for ILS249m (US$61.9m).

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Nestlé and its Israeli subsidiary Osem Investments have signed a memorandum of understanding to buy a 51% stake in the babyfood unit of Maabarot Products for ILS249m (US$61.9m).

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