The Egyptian government settled two decisions regarding the land dispute between Savola [2050.SE] and Al Canal Sugar Co., a subsidiary of the Emirati Al Ghurair Group, allocating 150,000 acres to Savola to build a sugar factory in west Minya and 180,000 acres to Al Canal for the same reason. The decision allows both companies to start with their new investments. (Al Mal) Savola: SAR40.01 as of 1 March 2016, Rating: Buy, FV: SAR70.00 per share, MCap: USD5,697 million, SAVOLA AB / 2050.SE
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