(MENAFN) Qatar-based Ezdan Holding Group said that it acquired a 20.16 percent stake in Widam Food Co. in a bid to promote investments and diversify its portfolio, The Peninsula Qatar reported.
The firm's Deputy Chairman of the Board of Directors said: "Ezdan Holding Group makes solid and premeditated purchasing steps in a number of Qatari companies to enrich its investment portfolio."
He said that the company's strategy in the following years will be to pull away from the real estate sector and allocating more in many sectors through share purchases.
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