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Alif Industries, a composite textile manufacturer, announced board approval to initiate discussions to acquire Royal Denim, a denim fabric exporter in Cumilla EPZ, and Diamond Dredging. The deal is not yet finalized.
“We have recently obtained the board’s approval to initiate formal discussions with the relevant parties and other stakeholders.”bd.apparelresources.com
Summarized from public sources; check the original articles before acting on it.