Riyadh - Mubasher: Alghaz Waltsnae Company Eligibility Alqabida, known as GASCO Holding, has finalized the acquisition of a 50% equity stake in Jaco Gases, a limited liability company, following the completion of all necessary regulatory …
Riyadh - Mubasher: ADES Holding Company announced that its indirectly owned subsidiary, ADES Saudi Limited Company, has entered into a binding sale and purchase agreement to acquire Saudi Arabian Saipem Limited for $285 million (SAR 1.07 billion). …
Riyadh - Mubasher: United Mining Industries Company announced, on behalf of Knauf International GmbH (Knauf), that Knauf has formally declared its firm intention to submit a tender offer to acquire up to 100% of the remaining shares in United …
Riyadh – Mubasher: Anaam International Holding Group has signed a non-binding memorandum of understanding (MoU) with Masar Al Ola Trading Company to explore a potential acquisition of a majority stake in the firm. The agreement, signed on 21 June …
Riyadh – Mubasher: Middle East Financial Investment Company (MEFIC Capital), the manager of the Mefic REIT Fund, has announced significant amendments to its ongoing acquisition strategy involving real estate assets in Jeddah and Makkah, alongside …
Riyadh – Mubasher: Al Masar Al Shamil Education Company has entered into a non-binding memorandum of understanding (MoU) with the partners of Al Qalam Educational Trading Company to explore the acquisition of a 60% majority stake. The agreement, …
Riyadh – Mubasher: Alkhaleej Training and Education Company has announced a 180-day extension to its non-binding memorandum of understanding (MoU) with GFH Financial Group regarding the proposed merger of their respective educational assets. The …
Riyadh - Mubasher: Waja Company has signed a non-binding memorandum of understanding (MoU) to acquire a 5% equity stake in Owtad Al Fahad Company Limited, a Riyadh-based firm specializing in the construction and building sector. The agreement, …
Riyadh - Mubasher: BinDawood Holding Company penned a Sharia-compliant Murabaha financing from Arab National Bank (ANB) and Emirates NBD Bank to fund the acquisition of 51% of the shares of Vaza Food Company. The company obtained SAR 217.80 …
Riyadh - Mubasher: Al Majed for Oud Company signed a non-binding agreement, on 13 June, to fully acquire Al Safa Pharmaceuticals and Medical Supplies, according to a statement. The deal also involves related parties, including Othman Abdullah …
Riyadh – Mubasher: Dr. Soliman Abdel Kader Fakeeh Hospital Company, known as Fakeeh Care Group, signed a binding share purchase agreement to fully acquire Mohammed Bin Rashid Al Fagih & Partners Company. The transaction will be implemented in …
Riyadh - Mubasher: GCC-based Aster DM Healthcare has launched a business in Saudi Arabia’s Eastern Province after acquiring a majority stake in ProCare Hospital through a joint venture (JV) with Abdulrahman Saleh Al Rajhi and Partners Co. Group. …
Riyadh - Mubasher: Al Kuzama Trading Company has obtained a SAR 35 million Shariah-compliant credit facility from Al Rajhi Bank, according to a bourse filing. The deal aims to finance the acquisition of a 25% stake in Unique Food Catering Company …
Riyadh - Mubasher: Miahona Company inked a sale and purchase agreement (SPA) to fully acquire Sha’s Water Services Limited Company, including a relevant stake in its affiliates. The transaction will bolster Miahona’s growth in the water …
Riyadh - Mubasher: Saudi Arabia’s mergers and acquisitions (M&A) market continues to show resilience despite ongoing geopolitical uncertainty across the region, according to Ansarada’s latest Middle East M&A analysis report. In the first quarter …
Riyadh - Mubasher: BinDawood Holding Company has completed taking over 51% of Vaza Food Company’s capital in exchange for SAR 217.90 million, according to a bourse disclosure. The acquisition is part of BinDawood Holding’s strategy to accelerate …
Riyadh – Mubasher: Saudi Arabian Refineries Company (SARCO) has announced that its subsidiary, Refineries Venture Company (Masafi Ventures) has signed a non-binding memorandum of understanding (MoU) with Khadra Al Hijaz Environmental Services …
Riyadh – Mubasher: Al Ramz Real Estate Company has signed definitive agreements to acquire the remaining shareholder units in Al Ahli Aleen Enbar Real Estate Fund in a transaction valued at SAR 133 million, according to a bourse disclosure. …
Riyadh – Mubasher: Aqaseem Factory for Chemicals and Plastics Company has officially announced the termination of its memorandum of understanding (MoU) regarding a stake acquisition in Leader Express, according to a bourse filing. The decision, …
Riyadh – Mubasher: Dar Al Markabah for Renting Cars Company (DS Rent) has formally announced the termination of its memorandum of understanding (MoU) regarding the proposed acquisition of Al Sahm Al Thahabi Car Rental Company. The company informed …
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) and Petroliam Nasional Berhad (Petronas) have signed an agreement for the transfer of Aramco’s equity stakes in Pengerang Refining Company Sdn. Bhd. and Pengerang Petrochemical Company Sdn. …
Riyadh – Mubasher: United Mining Industries Company has issued an addendum confirming that Knauf International GmbH has completed a private transaction involving the company’s shares. Following this development, Knauf is now considering a formal …
Riyadh – Mubasher: Al Moammar Information Systems Company (MIS) has announced the acquisition of a 15% stake in Eltizam Insurance platform, according to a bourse filing. The transaction is valued at SAR 19.50 million and was finalized following …