‎Aqaseem signs MoU to acquire 40% of Leader Express

‎Aqaseem signs MoU to acquire 40% of Leader Express ‎Aqaseem signs MoU to acquire 40% of Leader Express

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Logo ofAqaseemFactoryforChemicalsandPlasticsCo.

AqaseemFactoryforChemicalsandPlasticsCo. signed a non-binding memorandum of understanding (MoU) to acquire a 40% stake in Leader Express for Car Services, a limited liability company operating in the automotive services sector.
The MoU was signed on Nov. 27and will remain in effect for six months, Aqaseem said in a Tadawul statement.
Aqaseem appointed ValueCapital to valuateLeader Express and will hire a specialist adviser forthe financial and legal due diligence. Leader Express has not yet appointed a financial adviser for this stage.

 

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Logo ofAqaseemFactoryforChemicalsandPlasticsCo.

AqaseemFactoryforChemicalsandPlasticsCo. signed a non-binding memorandum of understanding (MoU) to acquire a 40% stake in Leader Express for Car Services, a limited liability company operating in the automotive services sector.
The MoU was signed on Nov. 27and will remain in effect for six months, Aqaseem said in a Tadawul statement.
Aqaseem appointed ValueCapital to valuateLeader Express and will hire a specialist adviser forthe financial and legal due diligence. Leader Express has not yet appointed a financial adviser for this stage.
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