UFHCUniversal Force Healing Center (New York, NY)
UFHCUniversity Family Health Center (Uniformed Services University; Bethesda, MD)
Copyright 1988-2018 AcronymFinder.com, All rights reserved.
References in periodicals archive ?
Besides Almarai, the UFHC's partners include Saudi Agricultural and Livestock Investment Company and Saudi Grains and Fodder Holding.
Commenting on the offer, Dr Khalid Al Malahy, the director of UFHC, said, "Our investment strategy is to make long-term investments in the agricultural sector, with the principal objective of developing sustainable sources of food, grain and fodder on a global scale."
Following the announcement on 25 regarding Almarai's participation as a founding shareholder holding 33 percent in the share capital of UFHC, a Saudi limited liability company, Almarai stated that it is pleased to announce to its shareholders that the boards of UFHC and CFG have reached an agreement on the terms of a recommended cash offer to acquire all of the issued and to be issued capital of CFG.
The consideration in relation to the offer will be payable by the UFHC by way of non-interest bearing, committed loans from its three shareholders, each in proportion to its percentage shareholding interest in the company.
The suitor is newly-incorporated United Farmers Holding Co (UFHC), which is owned by Saudi Agricultural and Livestock Investment Co (SALIC), Saudi Grains and Fodder Holding LLC (SGAF) as well as Almarai Company.
UFHC has already received irrevocable undertakings and a letter of intent to vote in favour of the transaction from stockholders with a combined stake of around 71.7%.