Saudi investment company SALIC acquires stake in MHP
18 September 2024, 14:00
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.