Element List |
Explanation |
Introduction |
Ataa Educational Company announces that the General Authority for Competition has issued its decision (with no objections) regarding the acquisition of the Arabian Education and Training Group Co., and Ataa will complete the acquisition procedures and announce the completion of the deal in a timely manner. |
Previous Announcement |
Ataa Educational Company announces the signing a binding memorandum of understanding (MoU) with the Arabian Education and Training Group Co. in relation to the potential acquisition of the full shareholders' shares of the company |
Date of Previous Announcement on Tadawul's Website |
2021-02-09 Corresponding to 1442-06-27 |
Percentage of fulfilled achievement |
55% |
Event's Expected Completion Date |
Within the first quarter of the next fiscal year |
Reasons for Exceeding the Announced End Date |
N/A |
The costs associated with the event, and if they have changed or not with indication of the reasons. |
Currently there is no change on the costs associated with the deal. |
Impact of the Delay on the Company's Financial Results |
N/A |
Additional Information |
Ataa Educationl Company will announce any additional developments in a timely manner |
Comments