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Raya Holding drops proposed Raya Foods deal with Helios

Raya Holding for Financial Investments decided not to proceed with Helios Investment Partners’ proposed acquisition of Raya Foods after key completion conditions were not fulfilled.

RAYA

By Staff WriterRaya Holding for Financial Investments has decided not to proceed with the proposed acquisition of Raya Foods by Helios Investment Partners after certain key conditions required to complete the transaction were not fulfilled.The company said its board of directors, at a meeting held…