Almarai to invest $4.2bn to expand food business
date:May 30, 2012
ilities, Saudi Industrial Development Fund and Arab Development Fund funds, or through its recently launched Sukuk programme - an Islamic equivalent of bonds.

The company has been seeking to expand its business internationally - in March 2012, it invested $22.4m to increase its stake in International Dairy and Juice Limited (IDJ), a joint venture formed with American food and beverage company PepsiCo, from 48% to 52%.

IDJ focuses on opportunities in dairy and juice segments in Southeast Asia,
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