Posted on :Wednesday , 28th February 2018
A huge bid of USD 48.8 million has been accepted for the Asella Malt Factory after it was made available for purchase by the Ministry of Public Enterprises (MoPE). This move was a part of the present privatization drive ongoing in Ethiopia. The Asella Malt Factory, now joins a list of highest offer companies, following the USD 944 million offer made to acquire the National Tobacco Enterprise (NTE) by Japan Tobacco International and the USD 225 million offer made by Diageo Plc for Meta Abo Breweries S.C.
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