‎BinDawood Holding gets GAC nod on acquiring 51% of Vaza

‎BinDawood Holding gets GAC nod on acquiring 51% of Vaza ‎BinDawood Holding gets GAC nod on acquiring 51% of Vaza

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BinDawood Holdingwill invest SAR 217.9 million through this transaction.

BinDawood Holding Co. obtained today, May 3, the non-objection approval of the General Authority for Competition (GAC) for completing the economic concentration transaction related to its acquisition of a 51% stake in Vaza Food Co.

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The company will invest an amount of SAR 217.9 million through this transaction, it said in a statement to Tadawul, adding that it will announce any further material developments in due course.

 

BinDawood Holdingwill invest SAR 217.9 million through this transaction.

BinDawood Holding Co. obtained today, May 3, the non-objection approval of the General Authority for Competition (GAC) for completing the economic concentration transaction related to its acquisition of a 51% stake in Vaza Food Co.

The company will invest an amount of SAR 217.9 million through this transaction, it said in a statement to Tadawul, adding that it will announce any further material developments in due course.

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