Dubai-based investment bank Audacia Capital on Sunday announced it has acquired a 30 percent stake in Al Safadi, a popular chain of casual dining restaurants specialising in traditional Lebanese food.
The company said in a statement that it has ambitious plans to further expand the restaurant brand in the UAE and across the GCC region. It did not disclose financial details for the deal.
http://www.arabianbusiness.com/dubai-s-audacia-buys-stake-in-al-safadi-restaurant-chain-595276.html#.VX65Wvmqqkr
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