Gulf General appoints financial advisor for merger with Gulf Union Al Ahlia

13/08/2024 Argaam
Logo ofGulf General Cooperative Insurance Co.

Logo of Gulf General Cooperative Insurance Co.

Gulf General Cooperative Insurance Co. appointed Alinma Investment as financial advisor for the proposed merger with Gulf Union Al Ahlia Cooperative Insurance Co.

 

New developments will be announced in due course, the company said in a statement to Tadawul.

 

For more news and details on M&As

 

According to data available to Argaam, Gulf General recently signed a non-binding memorandum of understanding (MoU) with Gulf Union Al Ahlia to evaluate a potential merger.

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