Dallah gets competition authority’s nod to acquire Care Shield

07/10/2020 Argaam

The Saudi General Authority for Competition (GAC) approved, on Oct. 6, the economic concentration arising from Dallah Healthcare Co.’s planned acquisition of a 58.64% stake in Care Shield Holding Co., a subsidiary of Kingdom Investment and Development Co.

 

According to the data compiled by Argaam, Dallah Healthcare signed, on May 15, 2020 a final agreement to buy a 58.64% stake in Care Shield, through share swap and cash consideration.

 

The deal completion is still subject to a number of conditions, including, the approval of the relevant governmental authorities.

 

Dallah Healthcare will disclose the relevant material updates in due course.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

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

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
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.