‎Malath, LIVA extend MoU to evaluate potential merger for six months

‎Malath, LIVA extend MoU to evaluate potential merger for six months ‎Malath, LIVA extend MoU to evaluate potential merger for six months

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Malath, LIVA reached preliminary agreement to structure a potential merger dealin Dec. 2024

Malath Cooperative Insurance Co.andLIVA Insurance Co. agreed, on Aug. 20, to extend the memorandum of understanding (MoU) to evaluate their potential merger for additional six months.

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In separate statements to Tadawul, both companies said that the MoU will be extended until Feb. 21, 2026, under the same terms and conditions.

For more news and details on MAs

In August 2024, the two insurers signed a non-binding MoU to evaluate a potential merger, Argaamreported.

In December 2024, Malath reached a non-binding and preliminary agreement with LIVA to structure the potential merger deal, under which LIVA will merge into Malath.

 

Malath, LIVA reached preliminary agreement to structure a potential merger dealin Dec. 2024

Malath Cooperative Insurance Co.andLIVA Insurance Co. agreed, on Aug. 20, to extend the memorandum of understanding (MoU) to evaluate their potential merger for additional six months.

In separate statements to Tadawul, both companies said that the MoU will be extended until Feb. 21, 2026, under the same terms and conditions.

For more news and details on MAs

In August 2024, the two insurers signed a non-binding MoU to evaluate a potential merger, Argaamreported.

In December 2024, Malath reached a non-binding and preliminary agreement with LIVA to structure the potential merger deal, under which LIVA will merge into Malath.

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