‎GAC OKs Almarai’s acquisition of Pure Beverages

‎GAC OKs Almarai’s acquisition of Pure Beverages ‎GAC OKs Almarai’s acquisition of Pure Beverages

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Logo ofThe General Authority for Competition (GAC)

The General Authority for Competition (GAC) issued 10 decisions for economic concentration applications filed in June.

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This included GAC’s approval ofAlmarai Co. ‘s full acquisition of Pure Beverages Industry Co., according to the authority’s official X account today, June 30.

For more news and details on MAs

According to Argaam’s data, Almarai signed earlier this month an agreement to acquire 100% of the shares of Pure Beverages Industry Co., in a deal valued at SAR 1.04 billion.

Pure Beverages is a leading producer of premium bottled drinking water in Saudi Arabia and the owner of the of Ival and Oska brands.

 

Logo ofThe General Authority for Competition (GAC)

The General Authority for Competition (GAC) issued 10 decisions for economic concentration applications filed in June.

This included GAC’s approval ofAlmarai Co. ‘s full acquisition of Pure Beverages Industry Co., according to the authority’s official X account today, June 30.

For more news and details on MAs

According to Argaam’s data, Almarai signed earlier this month an agreement to acquire 100% of the shares of Pure Beverages Industry Co., in a deal valued at SAR 1.04 billion.

Pure Beverages is a leading producer of premium bottled drinking water in Saudi Arabia and the owner of the of Ival and Oska brands.

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