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Dec 14 2005

Kuwait Firm Sells 1% SADAFCO Shares

RIYADH, 14 December 2005 -- The United Industries Company, a Kuwaiti company and one of the founders of Saudia Dairy and Food Company (SADAFCO), announced yesterday that it is selling the equivalent of 1 percent of its shares in SADAFCO.

With this sell, it will own 38 percent of the shares in SADAFCO instead of 39 percent.

© Arab News 2005

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