Logos ofUnited Cooperative Assurance Co. (UCA)andArabia Insurance Cooperative Co. (AICC)
Arabia Insurance Cooperative Co. (AICC) appointed Estidamah Capital as financial advisor on the proposed merger with United Cooperative Assurance Co. (UCA), according to a Tadawul statement.
For more news and details on MAs
UCA will duly announce any material developments regarding the planned transaction in accordance with the relevant laws and regulations.
In June, UCA signed a non-binding memorandum of understanding (MoU) with AICC to evaluate a potential merger between the two Saudi-listed companies, according to Argaam data.
Logos ofUnited Cooperative Assurance Co. (UCA)andArabia Insurance Cooperative Co. (AICC)
Arabia Insurance Cooperative Co. (AICC) appointed Estidamah Capital as financial advisor on the proposed merger with United Cooperative Assurance Co. (UCA), according to a Tadawul statement.
For more news and details on MAs
UCA will duly announce any material developments regarding the planned transaction in accordance with the relevant laws and regulations.
In June, UCA signed a non-binding memorandum of understanding (MoU) with AICC to evaluate a potential merger between the two Saudi-listed companies, according to Argaam data.

