Doha: Al Meera Holding, a subsidiary of Al Meera Consumer Goods Company, and Al Meera Development Company have signed a Sale and Purchase Agreement (SPA) to buy assets of the Oman-based Safeer stores, according to a Qatar stock exchange (QE) yesterday.
The SPA entails Al Meera Holding acquiring hypermarket and supermarket assets under the Safeer brand name and operated by its entities at Al Falaj, Al Khuwair, Athaiba, Sohar and Barka in Oman.
Al Meera Holding and Al Meera Development along with the National Investment Funds Company (NIFCO) are in the process of incorporating two subsidiary companies in of Oman.
QNA
