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Riyadh-Mubasher: Saudi Company for Hardware (SACO) signed a memorandum of understanding (MoU) on 27 October to acquire Medscan Terminal, which is specialised in transporting goods, logistics and warehousing, the company said in a statement to Tadawul on Wednesday.
The memorandum is effective for six months, and renewable on parties agreement.
SACO appointed Ernst & Young to advise on the deal, the statement added.
Source:
Mubasher
