Cenomi Retail ends talks on potential merger, explores strategic investor deal

12/01/2025 Argaam
Logo ofFawaz Abdulaziz Alhokair Co. (Cenomi Retail)

Logo of Fawaz Abdulaziz Alhokair Co. (Cenomi Retail)


Fawaz Abdulaziz Alhokair Co. (Cenomi Retail) ended negotiations with a leading global fashion retailer over a potential merger involving several fashion franchises, according to a Tadawul filing today, Jan. 12.

 

The company is now exploring other strategic options to serve stakeholders' interests. This includes a possible deal with a strategic investor, though the structure and details remain under discussion at an early stage.

 

For more news and details on M&As

 

Cenomi Retail confirmed it would announce any material updates in due course, in line with the relevant regulatory requirements.

 

In August 2024, Cenomi Retail announced talks with a leading international fashion retailer for a potentially significant merger transaction involving several fashion franchises, according to Argaam’s data.

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