‎GAC approves BinDawood Holding, Zahrat Al Rawdah acquisition deal

‎GAC approves BinDawood Holding, Zahrat Al Rawdah acquisition deal ‎GAC approves BinDawood Holding, Zahrat Al Rawdah acquisition deal

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BinDawood Holding Co.headquarter

Saudi Arabia’s General Authority for Competition (GAC) issued, on Dec. 31, 2024, a no-objection on the economic concentration process related to the acquisition deal betweenBinDawood Holding Co. and Zahrat Al Rawdah Pharmacies Co., according to a statement to Tadawul.
The company will announce the completion of the transactionand any other material developments in due course.
BinDawood Holding’s board of directors had approved the acquisition in November, with a total value of SAR 444.1 million, according to data available on Argaam.

 

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BinDawood Holding Co.headquarter

Saudi Arabia’s General Authority for Competition (GAC) issued, on Dec. 31, 2024, a no-objection on the economic concentration process related to the acquisition deal betweenBinDawood Holding Co. and Zahrat Al Rawdah Pharmacies Co., according to a statement to Tadawul.
The company will announce the completion of the transactionand any other material developments in due course.
BinDawood Holding’s board of directors had approved the acquisition in November, with a total value of SAR 444.1 million, according to data available on Argaam.
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