Raya Holding abandons sale of Raya Foods to Helios, reaffirms expansion plans

Raya Holding for Financial Investments has decided not to proceed with the proposed acquisition of Raya Foods by Helios Investment Partners after certain key conditions required to complete the transaction were not fulfilled. The company said its board of directors, at a meeting held on 2 September 2026, resolved to discontinue the transaction referenced in […] The post Raya Holding abandons sale of Raya Foods to Helios, reaffirms expansion plans first appeared on Dailynewsegypt.