Tawasul
Mubasher TV
Contact Us Advertising   العربية

Dar Al Takaful's OGM approves AED 215m acquisition

Dar Al Takaful's OGM approves AED 215m acquisition
The shareholders requested the chairman to add the item of acquisition
Dar Al Takaful
DARTAKAFUL
0.00% 0.00 0.00

Dubai - Mubasher: The ordinary general meeting (OGM) of Dar Al Takaful has agreed on AED 215 million acquisition of Noor Takaful General and Noor Takaful Family.

The shareholders, who own 10% or more of the company's shares, requested the chairman to add the item of acquisition to the meeting's agenda, according to the company's recent disclosure to Dubai Financial Market (DFM). 

It is noteworthy to mention, in February, Dar Al Takaful signed a conditional agreement with Noor Financial Investment and Noor Bank to acquire Noor Takaful General and Noor Takaful Family.