Logo ofNational Gas and Industrialization Co. (GASCO)
National Gas and Industrialization Co. (GASCO)signed, on March 16, an agreement to acquire a 50% stake in Al Gassim Investment Holding Co. (GACO), following a 100% capital increase, according to a statement to Tadawul.
under the agreement, GACO was valued at SAR 125 million on a pre-acquisition basis, after completing all valuation procedures and due diligence studies through the company’s financial and legal advisors.
Logo ofNational Gas and Industrialization Co. (GASCO)
National Gas and Industrialization Co. (GASCO)signed, on March 16, an agreement to acquire a 50% stake in Al Gassim Investment Holding Co. (GACO), following a 100% capital increase, according to a statement to Tadawul.
under the agreement, GACO was valued at SAR 125 million on a pre-acquisition basis, after completing all valuation procedures and due diligence studies through the company’s financial and legal advisors.
