Mitchell’s Fruit Company terminates bidding negotiations with Bioexyte Foods
MG News | July 09, 2020 at 10:52 AM GMT+05:00
July 9, 2020: Mitchell’s Fruit Farm Company has informed that the negotiations of the company with its preferred bidders, namely Bioexyte Foods (Pvt.) Limited for the acquisition of more than 30% shares have not been successful, therefore, terminated.
In a notification publicized on Thursday, the company stated that it shall continue exploring other avenues for strategic capital raising options.
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