Saudi investment company SALIC acquires stake in MHP

Saudi Agricultural and Livestock Investment Company (SALIC), a joint-stock company owned by the Public Investment Fund, has acquired 12.6% of shares in Ukrainian agricultural holding MHP, the company says in a statement on the London Stock Exchange.

SALIC bought 13,514,563 of MHP SE's GDRs on the market, representing 12.6% of the company's total outstanding shares.

Since 2018, SALIC also owns Continental Farmers Group, one of the largest agricultural holdings in Western Ukraine.

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