Saudi's BinDawood Holding secures $144mln funding to acquire Estonia dairy assets
BinDawood Holding secured Shariah-compliant financing of 542 million SAR (~$144.21M) from Banque Saudi Fransi and Gulf International Bank to acquire the dairy production operations of AS E-Piim Tootmine in Estonia via its subsidiary JUUST & JUBN OÜ. The three- to five-year facility has no bank guarantee and supports BinDawood's upstream expansion into European dairy production.
