Saudi Printing to buy stake in UAE plastics firm
2012-03-18 - AMEinfo.com | Saudi Arabia | Latest News - Saudi Arabia: The Saudi Printing and Packaging Co has signed a memorandum of understanding to buy a majority stake in UAE-based Emirates National Factory for Plastic Industries (ENPI), the Saudi Gazette has reported. The Saudi firm will take a stake ranging between 73.3% and 80% in the Sharjah-based ENPI. Saudi Printing said the agreement will come to an end June 28 and the acquisition is subject to due diligence and final agreement on the price. ENPI operates in the field of packaging and production of plastic products.  

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