Al Hammadi says financial impact to be assessed after transaction is complete
Al Hammadi Holding Co.received a “No Notification Required” certificate from the General Authority for Competition (GAC) for its acquisition of a 40% stake in Wareed Medical Co. (a limited liability company). 
The company stated on Tadawul that it is in the process of completing the necessary contractual and regulatory procedures to amend Wareed Medical’s articles of association.
It added that the financial impact of the transaction on the company and its operations will be assessed after completion, and any material developments will be announced in due course.
According to Argaamdata, Al Hammadi signed in December a subscription agreement to acquire a 40% stake in Wareed Medical for SAR 113 million.
Al Hammadi says financial impact to be assessed after transaction is complete
Al Hammadi Holding Co.received a “No Notification Required” certificate from the General Authority for Competition (GAC) for its acquisition of a 40% stake in Wareed Medical Co. (a limited liability company).
The company stated on Tadawul that it is in the process of completing the necessary contractual and regulatory procedures to amend Wareed Medical’s articles of association.
It added that the financial impact of the transaction on the company and its operations will be assessed after completion, and any material developments will be announced in due course.
According to Argaamdata, Al Hammadi signed in December a subscription agreement to acquire a 40% stake in Wareed Medical for SAR 113 million.
