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Dec 20 2005

Saudi Arabia: HADCO Plans to Merge With Al-Othman

HAIL, 20 December 2005 -- The board of directors for Hail Agriculture Development Company (HADCO) met on Sunday to discuss merging with Al-Othman Company for agricultural production and industrialization.

The board gave an initial agreement to study the feasibility of the merger and will inform the shareholders of the developments.

© Arab News 2005

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