Al-Futtaim acquires a 49.95% stake in Cenomi Retail for US$667 millions

Through Morgane Monteiro. Published on 25 July 2025 à 10h47 - Update on 12 August 2025 à 12h05

On July 20, Saudi operator Cenomi Retail (2024 revenue: 635 million dollars, up by 4% year-on-year) announced an agreement to sell 49.95% of capital to the Emirati group Al-Futtaim (revenue confidential).…

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