Saudi Industrial Investment Group to invest US$70M in Unibio

DENMARK- The Saudi Industrial Investment Group (SIIG) is acquiring a 24% stake in sustainable protein company Unibio International, investing US$70 million, according to a disclosure on the Saudi Stock Exchange.  The Saudi petrochemical firm will acquire a 9.9% stake at US$25 million in the first phase and acquire the rest after obtaining the Danish government’s approval for foreign direct investment…

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