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Monday, December 7 - 2009

Drake and Scull to buy two companies

  • United Arab Emirates: Sunday, July 26 - 2009 at 11:25

Dubai-based engineering firm, Drake & Scull is in final negotiations to acquire two construction companies as it seizes expansion opportunities in the economic downturn, The National has reported. The firm's board of directors had given the move the green light earlier last week, Khaldoun Tabari, vice chairman and chief executive has said. 'We will acquire two companies in the coming two months,' he said.

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