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Ben Daoud finalizes 51% Wonder Bakery purchase
Ben Daoud Holding Company has completed the acquisition of a 51% stake in Wonder Bakery, a company specializing in baked goods in Dubai, in a deal valued at 114.8 million dirhams. The transaction aims to strengthen its presence in the bakery market and increase its market share in the region. This move is part of the company's strategy to expand in the food and beverage sector and increase its investments in the UAE market, with expectations of further growth in the industry in the coming period.
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