Saudi Arabia Sells Flour Mills for $800 Million; Shares Rise
Saudi Arabia Sells Flour Mills for $800 Million; Shares Rise Bloomberg 1 hr ago Reema Alothman © Bloomberg Flour at Gilchesters Organics flour mill in Stamfordham, U.K., on Monday, Nov. 30, 2020. The mill was lucky when a year's worth of paper sacks arrived in February, a month before the British prime minister, Boris Johnson, locked down the country because of the coronavirus. (Bloomberg) -- Saudi Arabia sold two flour mills to consortiums comprising National Agriculture Development Co. and Abdullah Al Othaim Markets Co. in deals that have a combined value of $800 millio...