‎GO receives GAC’s certificate for acquiring 51% stake in Ejad Tech

‎GO receives GAC’s certificate for acquiring 51% stake in Ejad Tech ‎GO receives GAC’s certificate for acquiring 51% stake in Ejad Tech

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Logo ofEtihad Atheeb Telecommunication Co. (GO)

Etihad Atheeb Telecommunication Co. (GO) received, on Oct. 6, a “No Notification Required Certificate” from the General Authority for Competition (GAC) for acquiring a 51% share in Ejad Tech Co.

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For More Mergers and Acquisitions

In a statement to Tadawul, the company said it will announce any developments regarding the transaction, in accordance with the relevant laws and instructions.

According to data available on Argaam, Etihad Atheeb signed, on Sept. 14, a binding memorandum of understanding (MoU) to acquire a 51% equity stake in Ejad Tech Co. for SAR 86.7 million.

 

Logo ofEtihad Atheeb Telecommunication Co. (GO)

Etihad Atheeb Telecommunication Co. (GO) received, on Oct. 6, a “No Notification Required Certificate” from the General Authority for Competition (GAC) for acquiring a 51% share in Ejad Tech Co.

For More Mergers and Acquisitions

In a statement to Tadawul, the company said it will announce any developments regarding the transaction, in accordance with the relevant laws and instructions.

According to data available on Argaam, Etihad Atheeb signed, on Sept. 14, a binding memorandum of understanding (MoU) to acquire a 51% equity stake in Ejad Tech Co. for SAR 86.7 million.

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