Saudi Enaya names Wasatah Capital as advisor on Salama merger plan

11/03/2025 Argaam

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Logo ofSaudi Enaya Cooperative Insurance Co.

Logo of Saudi Enaya Cooperative Insurance Co.

Saudi Enaya Cooperative Insurance Co. appointed Wasatah Capital as the financial advisor for the planned merger with Salama Cooperative Insurance Co., according to a statement to Tadawul.

 

Relevant updates will be duly revealed.

 

For More Mergers and Acquisitions

 

Saudi Enaya and Salama announced in February signing a non-binding memorandum of understanding (MoU) to evaluate the feasibility of a merger, data compiled with Argaam showed.

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