Anaam International Holding Group extended the non-binding memorandum of understanding (MoU) signed with Saudi Wasit Establishment for an additional 30 days, starting June 3, 2021 – which is the end day for the original MoU period.

 

The extension aims to allow the completion of due diligence checks and other preparatory work for the implementation of the deal agreements, the firm said in a statement to Tadawul.

 

Any further developments regarding the agreement will be announced in due course.

 

On April 4, 2021, Anaam signed the non-binding MoU for the potential acquisition of 51% stake in Saudi Wasit Factory for Entertainment & Beauty Systems, Argaam reported.

 

For More M&As

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Related News

Anaam signs non-binding MoU to buy 51% stake in Saudi Wasit Establishment subsidiary

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2024, Argaam Investment, All Rights Reserved
Call Request