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UCD Conducts an Internal Restructuring of the United
Facilities Management Company
June 05, 2017
The United Development Company (UDC) has announced that, in
addition to the previous disclosures regarding the sale of a
stake in United Facilities Management Company (UFMCO), the
commercial negotiations with various companies on such sale did
not result in any agreement acceptable or satisfactory to the
parties. Accordingly, an internal restructuring of the United
Facilities Management Company shall be carried out in order to
reduce the volume of operations in the company.
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