Savola Looks For Silver Lining in Economic Crisis

Saudi Arabia's Savola Group has said that the current global financial crisis could have positive implications for its operations, as it has presented new acquisition opportunities for the firm. In a public statement Savola has said that it is now reviewing its investment priorities, particularly in regards to new projects. Earlier this year Savola had announced its ambitious goals of increasing its market share of cooking oil and sugar refining capacity, by investing heavily in a series of acquisitions of existing firms and by purchasing farmlands in a number of foreign countries. 'The global turmoil has lowered significantly the value

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